The Traderszone Network

Published in TZ Latest News 28 April, 2016 by The TZ Newswire Staff

PBOC sets USD/CNY mid-point today at 6.4589 (vs. yesterday at 6.4954)

PBOC injects 30bn yuan via 7-day reverse repos
Big move higher for the CNY against the USD following yesterday’s surge of the yne vs. the USD
How big? That’s the biggest hike in yuan fix since July of 2005