menu search

PBOC reference rate for today is the weakest for CNY since December 1 2022

PBOC reference rate for today is the weakest for CNY since December 1 2022
The People's Bank of China mid rate for onshore yuan today:PBOC sets USD/ CNY mid-point today at 7.0560 (vs. estimate at 7.0566)Offshore yuan is weakening further, USD/CNH is above 7.08 for the first time since December ;last year also:Yesterday I posted on the Global Times looking for any excuse except the faltering Chinese economic recovery:Chinese tabloid says there is no basis for long-term yuan depreciationThe People's Bank of China are probably having a giggle at those clowns today... Read More
Posted: May 24 2023, 01:29
Author Name: forexlive
Views: 092114

Search within

Pages Search Results: