The central bank also held its overnight deposit facility rate at 5.00% and its lending facility rate at 6.50%, keeping policy settings unchanged again after pausing at its prior meeting in February.
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1697 as compared to the previous day's fix of 7.1733 and 7.2330 Reuters estimate.