After setting the Yuan reference rate at its weakest this year, the People’s Bank of China (PBOC) says that it is able to keep the Yuan stable at a reasonable balanced level. Additional Headlines: Can keep yuan absolutely stable. Depreciation of yuan due to trade protectionism, tariffs on Chinese goods. Fluctuation in yuan is normal. Foreign exchange market can find its balance on its own. Extra Reading: China said to ask State buyers to halt US agriculture imports – Bloomberg USD/CNH rises above the symbolic level of 7.00 PBOC sets Yuan reference rate at 6.9225 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY drops below 106.00 on Yuan slide and risk aversion FX Street 4 years After setting the Yuan reference rate at its weakest this year, the People's Bank of China (PBOC) says that it is able to keep the Yuan stable at a reasonable balanced level. Additional Headlines: Can keep yuan absolutely stable. Depreciation of yuan due to trade protectionism, tariffs on Chinese goods. Fluctuation in yuan is normal. Foreign exchange market can find its balance on its own. Extra Reading: China said to ask State buyers to halt US agriculture imports - Bloomberg USD/CNH rises above the symbolic level of 7.00 PBOC sets Yuan reference rate at 6.9225 Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
