PBOC sets USD/CNY reference rate at 7.1527 vs. 7.1765 previous

On Thursday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.1527, compared with Wednesday’s fix of 7.1765 and market expectations of 7.1623. 

The PBOC said that it invested a total of 3 bln yuan in open market operations.