PBOC sets USD/ CNY reference rate for today at 6.7146 (vs. estimate at 6.6625)

Wait 5 sec.

Earlier:China’s central bank, regulators to meet on stock support after record 12-week slide ... should be supportive for USD/yuan today-The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this.injects 541 billion yuan of overnight reverse repurchase operations, rate unchanged 1.25%1 trillion of overnight reverse repos and 56 billion of 7-day reverse repos maturiethus net withdrawal was 515 billion yuan This article was written by Eamonn Sheridan at investinglive.com.