PBOC sets USD/CNY at 6.6528 vs 6.6375

Following Monday's aggressive Yuan weakening by the PBOC (USD/CNY hits highest in more than 5 years), today's USD/CNY mid-point was set at 6.6528 vs 6.6375. In Open Market operations, the PBOC injected 180bn yuan via 7-day reverse repos today, which represents another large injection.