Subscribe To
PBOC sets USD/ CNY central rate at 6.7130 (vs. estimate at 6.7142)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6.7435
-
6.7130 is the strongest for onshore yuan (CNY) at the setting since July 11 last year.
PBoC injects 66bn yuan of 7-day reverse repos at an unchanged rate of 2.0%467bn yuan of... Read More
Posted: Feb 2 2023, 01:15
Author Name: forexlive
Views: 112562