PBOC sets USD/ CNY mid-point today at 6.7769 (vs. estimate at 6.7042)

PBoC sets CNY at its strongest since 8 February 2023

  • Mid-point 727 pips weaker than Reuters estimate, largest deviation since 27 February 2026
  • No 7 day reverse repo today
  • No maturities today either

This article was written by Eamonn Sheridan at investinglive.com.

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