People's Bank of China (PBOC) sets the USD/CNY mid-point reference rate
Start your engines! The PBOC will let you trade USD/CNY in a plus or minus 2% range of that central rate they've just set.
- Yesterday the rate was set at 6.4085
- yesterday's close was 6.4053
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Coming up soon:
- The Chinese stock markets open at 0130GMT ... I'll have the guide to where they will open a few minutes before then
- We've already had chatter of more rescue funds being prepared
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More:
- Dalian iron ore futures are limit up 4%
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