人民幣匯率中間價再跌1.1% PBoC sets RMB 1.1% weaker

What's Chinese for dartboard?

中國人的目標是什麼？

The People's Bank of China set the reference rate for the renminbi at 6.4010, or 1.1 per cent weaker from its level of 6.3306 on Wednesday. All eyes and ears will now be on a rare People's Bank of China press conference at 10.15am Beijing/Hong Kong time to explain the renminbi's depreciation.

週四早上，中國央行(PBoC)將人民幣匯率中間價設爲1美元兌6.4010元人民幣，比周三的1美元兌6.3306元人民幣低了1.1%。今天上午北京時間10點15分，中國央行舉行記者招待會，對人民幣的貶值作出解釋。如今，所有人的目光都將集中在中國央行這次罕見的記者招待會上。

The "onshore" renminbi closed 1 per cent weaker at 6.3858 per US dollar on Wednesday, but had been down by nearly 2 per cent until authorities stepped in late in the session and propped up the currency.

週三，中國“在岸”人民幣收跌1%，跌至1美元兌6.3858元人民幣。不過，收盤前的該交易日晚些時候當局出手支撐人民幣匯率時，在岸人民幣匯率曾一度下跌近2%。

In morning trade, the "offshore" renminbi weakened 1.2 per cent to as much as Rmb6.5111 per dollar immediately after the release of the PBoC's fix.

在早盤交易時，就在中國央行公佈人民幣匯率中間價之後，“離岸”人民幣隨即下跌1.2%，跌至1美元兌6.5111元人民幣。