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People’s Bank of China sets yuan reference rate at 6.6472 (vs. Friday at 6.6496)

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    PBOC injects 90bn yuan via 7-day reverse repos USD/CNY little changed today, yuan marginally stronger against the USD The latest RMB fix against its basket is at 94.88, continuing the weaker yuan trend, its lowest since December.

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