The big news from the US is the 'We really don't care about your health' bill (or whatever they call it ;-) ) is dead: U.S. Senators Mike Lee and Jerry Moran have announced they will not support the revised Republican health care bill

But, from China now ... USD/CNY mid rate for the day.

And, in open market operations the People's Bank of China

  • to inject 130bn yuan via 7 day reverse repos
  • to inject 70bn yuan through 14 day reverse repos

30bn yuan in RRs mature today, so a big net injection again from the bank, 170bn net today

-

ps. The RMB basket was set at 93.34 on Friday (July 14), down from 93.52 the previous Friday

-

Earlier re China today: