PBOC sets USD/CNY at 6.1452 vs 6.1475

FXStreet (Bali) - People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.1452 today, slightly lower than the 6.1475 from Friday. The last official close was 6.2250.

AUD/USD is trading around 0.9080, off session highs at 0.9110, ahead of the Chinese HSBC/Markit PMI (March) in about 15 minutes (1.45 GMT). It is the first move higher in the Yuan fix for 5 days.