• The People's Bank of China continues to weaken the yuan

Market news

5 January 2016

The People's Bank of China continues to weaken the yuan

The People's Bank of China (PBoC) continued to weaken the yuan. The central bank today set the yuan midpoint at 6.5169 prior to the market open against its previous fixing of 6.5032. It was the weakest level since April 2011.

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