The Traderszone Network

Published in TZ Latest News 1 November, 2016 by The TZ Newswire Staff

PBOC sets yuan reference rate for today at 6.7562 (vs. yesterday at 6.7734)

USD/ CNY central rate for the day (banks can trade the USD/CNY + or – 2% of this rate, no more)
In Open market operations (OMOs)A strengthening for the CNY against the USD today; given the overnight weakness in the USD that is not a surprise