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Home Forex Trading USD/CNY: Policy support and stable fix – Commerzbank

USD/CNY: Policy support and stable fix – Commerzbank

Andrew M Apr 21, 2026 comments off
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Commerzbank’s Charlie Lay and Henry Hao note that the People’s Bank of China (PBoC) kept benchmark lending rates at record lows for an 11th straight month, with the one-year LPR at 3.0% and five-year at 3.5%.

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Forex Trading Henry Hao The People's Bank of China US Dollar/Chinese Renminbi FX Spot Rate, FX Spot Rate, THOMSON REUTERS
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