By Ewen Chew — Mar 27 - 12:10 AM
USD/CNY rises as high as 7.2289, nearing band ceiling
Top of daily band at 7.2365 based on PBOC fix 7.0946
Punters encouraged by crack in yuan's defenses nL2N3G504Z
Very heavily dampened USD/CNY fix fails to deter
State banks might have to step in to tame yuan bears
Yen hits weakest since 1990, dragging Asia FX nL2N3G5067
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Source:
Refinitiv IFR Research/Market Commentary