The People’s Bank of China on Wednesday continued to set the yuan reference point weaker, at 6.7258 against the US dollar, down 160 basis points or 0.2 per cent. Photo: Xinhua

Currencies enjoy a moment of calm as markets await details of FOMC’s September minutes

Pound ends falling streak, rising 1.33pc to US$1.2277; Yuan reference point 0.2 pc weaker, at 6.7258 to the greenback

Topic |   Yuan

TOP PICKS

The People’s Bank of China on Wednesday continued to set the yuan reference point weaker, at 6.7258 against the US dollar, down 160 basis points or 0.2 per cent. Photo: Xinhua
READ FULL ARTICLE