The Traderszone Network

Published in TZ Latest News 24 July, 2016 by The TZ Newswire Staff

PBOC sets USD/CNY mid-point today at 6.6860 (vs. Friday at 6.6669)

PBOC inject 150bn yuan through 7-day reverse repos in open market operations (OMOs) today

On Friday the CFETS RMB index for the yuan was set at 95.20, a higher set than the previous Friday (94.38). Now that the G20 meeting is over we’ll probably see renewed yuan devaluations.