PBoC Fixes USDCNY at Red Line: 6.6001

CNBC: Chinese shares erase early losses in wake of delay in MSCI inclusion
Before market open, the People's Bank of China guided the yuan's mid-point fix to 6.6001 against the dollar to its lowest levels since January 2011. The on-shore yuan traded at 6.5981 against the greenback as of 10:06 a.m. HK/SIN, while offshore yuan traded at 6.6084 to the dollar. China's central bank lets the yuan spot rate rise or fall a maximum of 2 percent against the dollar, relative to the official fixing rate.

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