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People’s Bank of China sets yuan reference rate at 6.4700 (vs. yesterday at 6.4787)

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 19, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    In Open Market operations, PBOC injects 90bn yuan via 7-day reverse repos - A slight strengthening of the CNY against the USD again today The yuan against the PBOC basket is still falling though (chart of the index up to last Friday):

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