- yesterday's close was 6.3786
- yesterday's mid point was set at 6.3740
Yesterday's mid-point setting was the first strengthening for the yuan after 10 straight days of devaluation by the People’s Bank of China. After a one-day break, though, another devaluation, and puts the yuan at its weakest since August 31
USD/CNY since the big devaluation in early August:
Further devaluations to come (IMO)