The central bank has set the yuan’s mid-point rate at 6.7514 against the US dollar, down 23 basis points on the previous fix, and slashed its mid-point rate against the pound to 8.4193, down 1,130 basis points. Photo: Reuters

Offshore yuan softens against the dollar after PBOC cuts fixing

The Chinese central bank also slashes currency’s mid-point rate against the British pound to 8.4193, on High Court’s Brexit ruling

Topic |   Yuan

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The central bank has set the yuan’s mid-point rate at 6.7514 against the US dollar, down 23 basis points on the previous fix, and slashed its mid-point rate against the pound to 8.4193, down 1,130 basis points. Photo: Reuters
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