PBOC sets USD/ CNY mid-point today at 6.6166 (vs. yesterday at 6.5960) - ConsultFX

PBOC sets USD/ CNY mid-point today at 6.6166 (vs. yesterday at 6.5960)

People's Bank of China lowers the price if the onshore yuan again today, but at a slower pace than it has done over the prior two mid rate settings   - 6.6166 is the highest for the USD/CNY reference rate (i.e. weakest for the onshore yuan) since December 13 of 2017