The Traderszone Network

Published in TZ Latest News 29 May, 2016 by The TZ Newswire Staff

People’s Bank of China sets yuan reference rate at 6.5784 (vs. Friday at 6.5490)

Meanwhile, over at the money market desk, the PBOC injects 65bn yuan via 7-day reverse repos

The USD strength on Friday (especially in the US timezone) playing out in a higher USD/CNY setting today from the PBOC.