PBOC denies intervention reports

1 July 2016, 09:06
Sherif Hasan

Bloomberg with the headline 1 July 2016

  • Peoples Bank of China have emailed Bloomberg to say their report of intervention yesterday was untrue

Yesterday the PBOC were also somewhat scathing about the media generally and in the wake of talk of them wanting USDCNH up to 6.80 by year end.

No smoke without fire though eh?

Share it with friends: