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People’s Bank of China (PBOC) sets yuan reference rate at 6.5646

From news.forexlive.com

People's Bank of China reference rate set for the day for the USD/CNY • yesterday's close was 6.5555 • yesterday's mid point was set at 6.5314PBOC to inject 70bn yuan via 7-day reverse repos today 190bn net injection this week (60 bn yuan drain last week) ... largest net weekly injection since February of 2015 - Another big weakening for the yuan from the People’s Bank of China - down more than 0.5% today AUD and NZD lower, as is USD/JPY .... thus AUD and NZd / yen crosses smashed - Added .... CNY-CNH spread widens again. - The USD/CNY mid-points setting, past 6 months: (full story)

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