The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this.
- injects 340bn yuan via 7-day reverse repos at 1.4% (unchanged rate)
This article was written by Eamonn Sheridan at investinglive.com.
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this.
This article was written by Eamonn Sheridan at investinglive.com.