PBOC SET TO SET USD/CNY REFERENCE RATE AT 7.2199.

PBOC SET TO SET USD/CNY REFERENCE RATE AT 7.2199.
The People's Bank of China (PBOC) will set the USD/CNY reference rate around 0115 GMT.
The PBOC manages the yuan's value within a 2% band around the daily midpoint.
Reuters estimates the reference rate will be set at 7.2199 for the trading session ahead.