PBOC sets yuan at weakest fix since 2011

Discussion in 'Market News' started by ForexLive, Dec 14, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    PBOC sets yuan mid-point at 6.4495 vs 6.4358 prior Friday's trading close was 6.4553 so the weaker fix is no surprise. The fixing is a bit stronger than the close but there's nothing here to prevent USD/CNH from rising to the top of the band again today.

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