PBOC's Zhou says yuan trading band expansion is not a current focus - ConsultFX

PBOC's Zhou says yuan trading band expansion is not a current focus

People's Bank of China Governor Zhou - yuan trading band expansion is not a current focus - yuan trading band not too important Onshore yuan (CNY) has a mid-point (the reference rate) set each day by the PBOC. The Bank allow it trade plus or minus 2% from this central rate. From time to time rumours sweep through that Copyright 2015 Forexlive.com