{"id":435629,"date":"2026-08-07T08:15:25","date_gmt":"2026-08-07T01:15:25","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/pboc-sets-usd-cny-reference-rate-for-today-at-6-7904-vs-estimate-at-6-7548-435629\/"},"modified":"2026-08-07T08:15:25","modified_gmt":"2026-08-07T01:15:25","slug":"pboc-sets-usd-cny-reference-rate-for-today-at-6-7904-vs-estimate-at-6-7548","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/pboc-sets-usd-cny-reference-rate-for-today-at-6-7904-vs-estimate-at-6-7548-435629\/","title":{"rendered":"PBOC sets USD\/ CNY reference rate for today at 6.7904 (vs. estimate at 6.7548)"},"content":{"rendered":"<div>\n<p>The PBOC allows the yuan to fluctuate within a +\/- 2% range, around this reference rate. <a href=\"https:\/\/investinglive.com\/central-banks\/pboc-is-expected-to-set-the-usd-cny-reference-rate-at-6-7548-reuters-estimate\/\" rel=\"follow\">More here.\u00a0<\/a><\/p>\n<p>PBOC says it injected 1 bn yuan in 7-day reverse repos in Open Market Operations today. Rate remains 1.4%.<\/p>\n<ul>\n<li>134bn of 7-day reverse repos matured<\/li>\n<li>Net withdrawal of 133bn.<\/li>\n<\/ul>\n<p>For the week in total:<\/p>\n<ul>\n<li>injected CNY176.5bn of 7-day reverse repos, 300bn of overnight reverse repos and 500bn of buyout-style reverse repos<\/li>\n<li>116.5bn of 7-day and 900bn of overnight reverse repos matured<\/li>\n<li>thus a net withdrawal of 1,225.5bn for the week<\/li>\n<\/ul>\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The PBOC allows the yuan to fluctuate within a +\/- 2% range, around this reference rate. More here.\u00a0 PBOC says it injected 1 bn yuan in 7-day reverse repos in Open Market&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435629","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435629"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435629\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}