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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

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