The Traderszone Network

Published in TZ Latest News 11 July, 2017 by The TZ Newswire Staff

China finance media say PBOC should widen the yuan trading band

The band is currently plus or minus 2% from the central rate set each day by the People’s Bank of China
– That’s for the ‘onshore’ yuan, CNY
For the ‘offshore, CNH, that can trade wherever the market takes it