The Traderszone Network

Published in TZ Latest News 9 July, 2017 by The TZ Newswire Staff

People’s Bank of China sets yuan reference rate at 6.7964 (vs. Friday’s at 6.7914)

On Friday CFETS set the yuan at 93.52 (the RNB index, against a basket of currencies)
– The previous Friday it was set at 93.29
People’s Bank of China refrains from open market operations again today (for the 12th day in a row … and for a total drain in those 12 days of 780bn yuan). In