The Traderszone Network

Published in TZ Latest News 13 December, 2015 by The TZ Newswire Staff

PBOC sets yuan at weakest fix since 2011

 PBOC sets yuan mid-point at 6.4495 vs 6.4358 prior
Friday’s trading close was 6.4553 so the weaker fix is no surprise.
The fixing is a bit stronger than the close but there’s nothing here to prevent USD/CNH from rising to the top of the band again today.