PBOC sets USD/ CNY reference rate for today at 7.0555 (vs. yesterday at 7.0671)

BY admin admin

Onshore yuan central rate from the People's Bank of China for the session ahead. Stronger CNY again in line with the moves for the USD overnight.
– USD/CNY is permitted by the Bank to trade +/- 2% from here
USD/CNH faces no such limits.  

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Investor Mood Torn Between Faith That Beijing Will Boost Chinese Growth and the Near Certainty that the ECB and Fed Aren’t Done Raising Interest Rates

Chinese Premier Li said Chinese growth appears to have strengthened this quarter and predicted that the government’s 5% growth target for 2023 is attainable. Share prices closed up today by 1.2%

Forex

Top 5 Highest-Yielding ETFs in 2023

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/12/07.12.2023-360×360.jpg" class="attachment-thumbnail size-

Forex

AUDUSD falls toward swing area support on USD buying

<p>The AUDUSD is following the US dollars a ride to the upside as yields move higher. The 10 year yield is now up 12 basis points out in 4.691%. It's getting closer and closer to 5%.</p&

Copyright © 2024 | WordPress Theme: Xews Lite