The PBOC's USD/CNY mid point reference rate to open the week
- Friday's mid point was a slight strengthening for the CNY, again, to 6.5572, to put the reference rate at it lowest (for USD/CNY) for about two and half weeks
Until now .... more strength again today for the yuan
I reckon its only a matter of time before the PBOC starts devaluing the yuan again. But when? I've no idea.