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PBOC sets Yuan reference rate at 6.5106 Wed vs 6.5041 last

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Wednesday, the Chinese central bank, PBOC, sets the USD/CNY reference rate at 6.5106 versus 6.5041 Tuesday close.

    The yuan was slightly devalued today against the US currency, bringing an end to a three-day rally.
    For more information, read our latest forex news.

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