#CNY#
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The renminbi (abbreviated RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: About this soundrénmínbì; literally: 'people's currency'; symbol: 元/¥; code: CNY) is the official currency of the People's Republic of China, and one of the world's major reserve currencies.
PBOC sets USD/ CNY reference rate at 6.6285
On Friday, the People’s Bank of China (PBOC) set the USD/ CNY reference rate at 6.6285 vs. Thursday’s 6.6236.
PBOC injected CNY160 billion yuan through seven-day reverse repo.
USD/CNY range play intact
USD/CNY keeps its recent range trade intact, now posting small gains near the 6.6160 region.
[BREAKING] Dollar Clings to Gains as Traders Wait for China Growth Data
SINGAPORE (Reuters) - The dollar clung to gains on Monday, supported by investor worries about the looming U.S. election and the fading prospects of any fiscal stimulus beforehand, while the Chinese yuan held firm ahead of the release of quarterly growth data.The dollar index was steady in early tra
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