The People’s Bank of China (PBOC) has set the yuan reference rate at 6.5325 versus the previous day’s level of 6.5451. Ahead of the release, Reuters expected 6.5360 level for today while Bloomberg eyed 6.5306 from its latest survey. The Chinese central bank also infused 30 billion yuan via 7-day reverse repos (RRs) while adding 40 billion CNY as 10 billion expires today. That said, USD/CNY is currently taking the bids near 6.5320 during the early Wednesday. 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 GBP/USD Price Analysis: Extends bounce off 21-day SMA to battle immediate resistance line FX Street 1 year The People's Bank of China (PBOC) has set the yuan reference rate at 6.5325 versus the previous day's level of 6.5451. Ahead of the release, Reuters expected 6.5360 level for today while Bloomberg eyed 6.5306 from its latest survey. The Chinese central bank also infused 30 billion yuan via 7-day reverse repos (RRs) while adding 40 billion CNY as 10 billion expires today. That said, USD/CNY is currently taking the bids near 6.5320 during the early Wednesday. 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.
