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People’s Bank of China sets yuan reference rate at 6.6375 (vs. Friday at 6.5776)

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 27, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    PBOC injects 270bn yuan via 7-day reverse repos Huge weakening of the CNY against the USD from the bank today - Also, as of Friday the RMC index (set by CFETS) was lower, at 95.29.

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