PBOC Weakens Yuan 132 Bips to 6.7043 per Dollar
Dou Shicong
DATE:  Apr 19 2019
/ SOURCE:  yicai

(Yicai Global) April 19 -- The People's Bank of China depreciated the yuan by 132 basis points against the dollar this morning, fixing the central parity rate at 6.7043, just 3 bips higher than yesterday's market-based closing price of 6.7040. A higher rate means a weaker yuan.

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Keywords:   PBOC,Central Parity Rate