PBOC sets the Yuan reference rate 7.1167 on Tuesday

Dhwani Mehta FXStreet

On Tuesday, the People’s Bank of China (PBOC) set the Yuan midpoint rate at 7.1167 vs. Monday’s 7.1315.

The Chinese central bank set the Yuan higher by 148-pips.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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