PBOC sets yuan midpoint at more than 4-yr low for 3rd day

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - On Friday, the Chinese central bank, PBOC, sets USD/CNY reference rate at 6.4358, 0.20% weaker than 6.4236 Thursday’s close. The yuan has hit three-month lows each day this week in intraday trading.
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