PBOC sets Yuan reference rate at 6.8655

The People's Bank of China set Yuan reference rate at 6.8655 compared to Thursday's fix of 6.8695

Feb 24, 2017

USD/CNY fix projection: 6.8642 - Nomura

Analysts at Nomura offered their projections for the USD/CNY fix. Key Quotes: Our model1 projects the fix to be 53 pips lower than the previous fix

RBA’s Lowe: There are more effective ways to stimulate demand than to cut rates now

RBA Governor Phillip Lowe is on the wires, via Reuters, responding to the questions in front of the House of Representatives' Standing Committee on Ec