The Traderszone Network

Published in TZ Latest News 2 June, 2016 by The TZ Newswire Staff

PBOC sets USD/CNY central rate at 6.5793 (vs. yesterday at 6.5688)

PBOC injects 40bn yuan via 7-day reverse repos
For the week as a whole, a net injection of 20bn yuan (last week was a net injection of 70bn yuan)

I posted earlier on Goldman’s fears surrounding this latest bout of CNY weakness against the USD: