People’s Bank of China sets yuan reference rate at 6.6288 (vs. yesterday at 6.6322) - ConsultFX

People’s Bank of China sets yuan reference rate at 6.6288 (vs. yesterday at 6.6322)

Greg nailed it yesterday: Trading is permitted in a +/- 2% from the reference rate. However, if trading USDCNH (offshore yuan), anything goes. In Open Market Operations, the PBOC to : Copyright 2015 Forexlive.com