Free Trial

Comments from PBOC Governor Yi on keeping....>

AUSSIE
MNI (London)
AUSSIE: Comments from PBOC Governor Yi on keeping Cny at equilibrium level has
provided a boost for the AUD as AUD/USD jumps from around $0.7335 to a fresh
intraday high of $0.7373. MNI Beijing have noted that PBOC rarely stress their
stance on the yuan in such a strong tone, indicating to them that the current
yuan plunge may be approaching toward the outside of the PBOC's "reasonable
range".
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.