PBOC sets the USDCNY midpoint at 7.1124 vs 7.1116 estimate

The PBOC set the USDCNY midpoint at 7.1124. That is the strongest level since June 13.

The estimate was 7.1116. The prior was at 7.1299.

This article was written by Greg Michalowski at www.forexlive.com.