PBOC sets USD/CNY at 6.5169, huge injection of liquidiy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - PBOC sets USD/CNY at 6.5169 vs prior close of 6.5338 and yesterday's fix of 6.5032. The Chinese Centra Bank injects 130 bn yuan, which is way above average, as it aims to stabilize the Chinese stock market, after a 7% eltdown yesterday.
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