PBOC's daily yuan fix: 6.7156 per dollar, topping the 6.6783 prediction
PBOC set USD/CNY reference rate at 6.7156 vs 6.6783 estimate, and repo operations resulted in net 609.5 billion yuan withdrawal.
PBOC set the yuan central rate at 6.7171 (estimate 6.6731) and injected 1 trillion yuan overnight plus 412 billion yuan via 7-day reverse repos.
The reference rate is the midpoint around which the yuan is allowed by the PBOC to move up or down by as much as 2%.
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PBOC set USD/CNY reference rate at 6.7156 vs 6.6783 estimate, and repo operations resulted in net 609.5 billion yuan withdrawal.
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