PBOC sets USD/CNY reference rate at 6.3757

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3757 on Friday while comparing to the previous fix and the previous close at 6.3674 and 6.3729 respectively.

After conveying the final fix of 2021, the PBOC also said to have injfected 90 billion yuan through the routine Open Market Operations (OMO).

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