13 Aug 2015
PBOC Yuan fix at 1.15 GMT, watch briefing on Yuan next
FXStreet (Bali) - As usual, the PBOC will publish its latest USD/CNY reference rate at 1.15GMT, while 1h later at 2.15GMT a 'briefing' on the Yuan is due, so expect some headlines.
As per the reference rate fixing, the market is expecting another yuan devaluation of around 0.9% based on where USD/CNY spot closed.
As per the reference rate fixing, the market is expecting another yuan devaluation of around 0.9% based on where USD/CNY spot closed.