PBOC sets USD/ CNY mid-point today at 6.8322 (vs. yesterday at 6.7942) - ConsultFX

PBOC sets USD/ CNY mid-point today at 6.8322 (vs. yesterday at 6.7942)

People's Bank of China with the onshore yuan reference rate. a big devaluation today Broken record time from me … more devaluation to come as the trade war escalates. (ps. Some people don't believe the PBOC is devaluing in response to the trade war, I'm not one of them though.)