The Traderszone Network

Published in TZ Latest News 20 October, 2016 by The TZ Newswire Staff

PBOC sets the TGIF USD/CNY mid-point at 6.7558 (vs. yesterday at 6.7311)

In Open Market operations,
People’s Bank of China weakens the yuan substantially against the USD … given the USD strength overnight it was expected to move that way. Big move, though (biggest since August)