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People’s Bank of China sets yuan reference rate at 6.5120 (vs. Friday's 6.4898)

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 25, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    PBOC injects 180bn yuan via 7-day reverse repos in Open Market operations today. USD/CNY setting today puts the yuan at its weakest since the 28th of March. I have no recollection March 28 - I was in a chocolate-induced haze for about a week then.

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