Free Trial

The China Foreign Exchange Trade.........>

CHINA YUAN
CHINA YUAN: The China Foreign Exchange Trade System (CFETS) announced that the
official yuan closing price at 16:30 local time (08:30 GMT) on Tuesday was
6.5949 against the U.S. dollar, stronger than the official closing of 6.5979 on
Monday. The People's Bank of China set the yuan fixing at 6.5944 against the
U.S. dollar on Tuesday, weaker than the central parity of 6.5874 on Monday. It
was the second straight trading day the PBOC set a weaker fixing rate.

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.