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PBOC sets USD/CNY reference rate for today at 6.6216 (vs. yesterday at 6.6247)

November 7, 2017 Eamonn Sheridan 0

People’s Bank of China has gauged demand for 7, 14, 28 and 63 day reverse repos and deciding …
– To inject 80bn yuan through 7 day reverse repos
– To inject 40bn yuan through 14 day reverse repos
net drain of 80bn yuan (after accounting for mat…

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