FXStreet (Mumbai) – The latest headlines from the China Foreign Exchange Trade System (CFETS), a sub-institutional organization of People’s Bank of China (PBOC), crossing the wires via MNI are as under:
New yuan daily fixing achieves expected result
Yuan fixing weaker than previous close on stronger USD
Yuan move vs USD basically inline with other currencies
Yuan has remained basically stable against basket
(Market News Provided by FXstreet)