On Thursday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1784, as compared to the previous day's
fix of 7.1785 and 7.3265 Reuters estimate. PBoC injects 424 billion Yuan via 7-day RR, sets the rate at 1.8%. 344 billion Yuan of RRs mature today, summing to a net 80 billion Yuan injection on the day in Open Market Operations .
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