The Traderszone Network

Published in TZ Latest News 4 August, 2016 by The TZ Newswire Staff

People’s Bank of China sets yuan reference rate at 6.6406 (vs. yesterday at 6.6444)

PBOC injects 90bn yuan via 7-day reverse repos
– Over the week the PBOC drained a net 161.5bn yuan.
– Last week they injected net 325bn.

ps. The Reserve Bank of Australia Statement on Monetary Policy is due at 0130GMT