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People’s Bank of China (PBOC) sets yuan reference rate at 6.3985

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 7, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Even after the jelly you made is set, it wobbles. The People’s Bank of China allows the USD/CNY to wobble by +/-2% from each day's mid-point. A big weakening for the yuan set today, to its weakest since August 28

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