Earlier:

• China targets unified domestic market to boost consumption and services demand

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

Previous close 6.9450

Injects 118.5bn yuan in 7day RRs @ 1.4% and also 300 bn yuan via 14day (Lunar New Year holidays begin February 15)

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



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