PBOC sets USD/ CNY reference rate for today at 7.1789 (vs. estimate at 7.1854) ...Middle East

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Previous close was 7.1853

PBOC injected 242bn yuan via 7-day reverse repos at 1.40%

173.8bn yuan mature today net injects 68.2bn yuan

Earlier from China:

ICYMI - New bank loans in China rose less than expected in MayPBOC says it will will inject cash via outright reverse repos for the second time This article was written by Eamonn Sheridan at www.forexlive.com.

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