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PBOC sets USD/CNY mid-point today at 6.6860 (vs. Friday at 6.6669)

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 25, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    PBOC inject 150bn yuan through 7-day reverse repos in open market operations (OMOs) today - On Friday the CFETS RMB index for the yuan was set at 95.20, a higher set than the previous Friday (94.38). Now that the G20 meeting is over we'll probably see renewed yuan devaluations.

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