PBOC is expected to set the USD/CNY reference rate at 7.2436 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »China state financial media says yuan-denominated assets are to become more attractive
China Securities Journal with that piece of advice. Not referring to beer goggles I guess … OK, srsly, the yuan has been on the slide for a few weeks(since the…
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