Free Trial

The PBoC's deployment of the counter.....>

CHINA YUAN
CHINA YUAN: The PBoC's deployment of the counter cyclical adjustment factor in
today's USD/CNY mid-point fix seemingly helping to push back against a little of
the the yuan's earlier weakness, even though the mid-point was fixed slightly
higher than expected (as proxied by the RTRS median estimate), albeit well
within the range foreseen by analysts.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@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.