The Traderszone Network

Published in TZ Latest News 11 July, 2016 by The TZ Newswire Staff

PBOC sets USD/CNY central rate at 6.6950 (vs. yesterday at 6.6843)

In Open Market operations, the PBOC inject 30bn yuan through via 7-day reverse repos
Higher USD since the previous setting this time yesterday results in a higher USD/CNY midpoint from the PBOC today. USD/CNY to it highest (and therefore the yuan to its lowest) since October of 2010.