People’s Bank of China (PBOC) sets yuan reference rate at 6.5032

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    PBOC mid point for USD/CNY A weaker CNY setting again from the PBOC: - 'Offshore' yuan is much weaker, USD/CNH is around 6.5992, and would be even weaker if the market wasn't so concerned about the potential for intervention around these levels

    Continue reading...

Share This Page

free forex signals