Google is telling me USD/CNY is at 7.4 ...
Way off, chaps.
But ... maybe that's their Mountain View (geddit?)
Yesterday the PBOC set the USD/CNY at 6.8870
It can fluctuate + / - 2% around this mid-rate.
I'm sure the PhDs at Google can do the maths.
(h/t to @ivanmontoya in Twitter)
