PBOC sets USD / CNY central rate at 6.3692 (vs. estimate 6.3661) | Latest News Headlines

PBOC sets USD / CNY central rate at 6.3692 (vs. estimate 6.3661)

| Business Top stories | Yahoo news

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  • USD / CNY is the onshore yuan. It is allowed to trade plus or minus 2% of this daily benchmark rate.

  • CNH is the offshore yuan. USD / CNH has no restrictions on its trading range.

  • A rate significantly higher or lower than expected is generally considered a signal of PBOC.

  • Previous close was 6.3695

  • Yesterday’s benchmark rate was 6.3651

PBOC injects 10 billion yuan through 7-day reverse repurchase agreements and 10 billion through 14-day RRs

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PBOC sets USD / CNY central rate at 6.3692 (vs. estimate 6.3661)

| Local Business News Yahoo news
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