PBOC sets Yuan midpoint at 6.5248 Fri vs 6.5412 last

On Friday, the Chinese central bank, PBOC, sets the USD/CNY reference rate at 6.5248 versus 6.5412 Thursday close, pushing the yuan higher against the greenback.

Mar 4, 2016

China PBOC injects CNY50 bln via 7-day reverse repos

China Central Bank injects 50 bln Yuan via 7-day reverse repos today.

Monetary policy will depend on economic data – PBOC’s Yi

PBOC’s Deputy Governor Yi Gang crossed the wires via Bloomberg, noting that, “Monetary policy will depend on economic data."