PBOC sets Yuan reference rate at 6.8841

The People's Bank of China has set the Yuan reference rate at 6.8841 vs Tuesday's fix of 6.8862.

Jul 31, 2019

USD/CNH technical analysis: Charts favor break above 6.90, China’s manufacturing PMI remains below 50

USD/CNH is looking north and could find acceptance above 6.90 this week, technical charts indicate. The daily chart shows a falling channel breakout.

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Jul 31, 2019

PBOC: Overall banking system liquidity at reasonably ample levels

After setting the Yuan reference rate, the People’s Bank of China (PBOC) said that it skipped the reverse repo operations today while keeping a neutra

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