The Traderszone Network

Published in TZ Latest News 24 September, 2015 by The TZ Newswire Staff

Yuan reference rate for today set by the PBOC at 6.3785

People’s Bank of China (PBOC) sets the USD/CNY mid-point reference rate
– Thursday’s close was 6.3828
– Yesterday’s mid point set was 6.3791

That was close, I nearly left the decimal point out of the headline and caused an algo-driven global flash crash.