The Traderszone Network

Published in TZ Latest News 22 September, 2015 by The TZ Newswire Staff

People’s Bank of China (PBOC) sets USD/CNY reference rate at 6.3773

Yuan mid point set today
– Yesterday’s close was 6.3790
– Yesterday’s mid point set was 6.3721
President Xi is visiting the US; the yuan set will remain on the stable side while he is there. Once he is back home we should see more depreciation pressure (IMO)