PBOC sets USD/ CNY reference rate for today at 6.9500 (vs. yesterday at 6.9463) - ConsultFX

PBOC sets USD/ CNY reference rate for today at 6.9500 (vs. yesterday at 6.9463)

People's Bank of China weakening the onshore yuan yet again today  Expectations I had seen were for an even lower yuan though. I have to say, those who predict the daily setting are doing so even while the PBOC does not disclose how it actually makes its  decision.