The People's Bank of China have been holding the line against a weaker yuan, setting USD/CNY 10+ big figures below prevailing market rates for weeks.
Offshore yuan is moving to a 3-week high, USD/CNH under 7.2850:
The People's Bank of China have been holding the line against a weaker yuan, setting USD/CNY 10+ big figures below prevailing market rates for weeks.
Offshore yuan is moving to a 3-week high, USD/CNH under 7.2850: