PBOC sets USD/CNY reference rate at 7.1346 vs. 7.1364 previous

Atsushi Mimura, Japan’s newly appointed Vice Finance Minister For International Affairs and top foreign exchange official, said in a Bloomberg interview Monday that “while the recent depreciation of the yen has both advantages and disadvantages, the demerits are becoming more noticeable.” Additional comments Intervention among the measures available to counter speculation that weighs excessively on the currency.