China is considering introducing "counter-cyclical factor" into yuan midpoint fixing mechanism

Market news

26 May 2017

China is considering introducing "counter-cyclical factor" into yuan midpoint fixing mechanism

Change to yuan midpoint fixing method will help guide the forex market to focus more on macro fundamentals
New midpoint fixing method will better reflect supply and demand in fx market and changes to currency basket

Forex option contracts rolling off today at 14.00 GMT:

IMF misssion to Ukraine says decisive implementation of reforms remains critical to achieve stronger and sustainable growth - Statement

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