PBOC sets USD/ CNY reference rate for today at 6.8157 (vs. estimate at 6.7735)

Wait 5 sec.

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. Injects 215bn yuan via 7-day reverse repos in open market operates today. Unchanged rate of 1.4%.Net drain this week 682.7bn yuan This article was written by Eamonn Sheridan at investinglive.com.