A lower USD/CNY setting today from the PBOC again. Note, though that while the USD/CNY has been set lower (i.e. higher yuan) this past week (and months) (as the USD has slid pretty much everywhere) the CNY rate against the basket has been lower.
A lower USD/CNY setting today from the PBOC again. Note, though that while the USD/CNY has been set lower (i.e. higher yuan) this past week (and months) (as the USD has slid pretty much everywhere) the CNY rate against the basket has been lower.