PBOC sets USD/ CNY reference rate for today at 6.8589 (vs. estimate at 6.8282)
more to come The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. This article was written by Eamonn Sheridan at investinglive.com. Source link
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PBOC is expected to set the USD/CNY reference rate at 6.8282 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade […]
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