The Traderszone Network

Published in TZ Latest News 19 February, 2017 by The TZ Newswire Staff

China fine-tunes its midpoint mechanism for the yuan

China Foreign Exchange Trade System (CFETS) today shortened the reference period 20 Feb
According to sources of Reuters CFETS  have shortened the ref period of yuan trading against its trade-weighted basket to 15 hours from 4.30 pm local time to 07.30 am the following day.