The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.

Previous close 6.9354

OMOs:

• PBOC inject 113bn yuan via 7-day RRs @1.4%

Earlier:

• China gold reserves climb further, buying continues for a 15th straight month

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



Source link