PBOC is expected to set the USD/CNY reference rate at 7.2878 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2461 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1656 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1486 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2044 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2233 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Its People’s Bank of China rate-setting day – the RRR cut on Friday is new info
<p>On Friday we had the People's Bank of China cut its RRR:</p><ul><li><a href="https://www.forexlive.com/centralbank/pboc-announces-cut-to-banks-reserve-requirement-ratio-by-25-bps-20230317/" target="_blank" rel="follow" data-article-link="true">PBOC announces cut to banks' reserve requirement ratio by 25 bps</a></li></ul><p>Also last week the rate…
Read More »The PBoC USD/ CNY setting is expected above 7 today
<p>The estimate by Reuters is for a reference rate at 7.008.</p><p>This is the first peek above 7 for the estimate during the current bout of CNY weakness. Note, however, that…
Read More »Awaiting the yuan reference rate setting, PBOC likely to hold USD/CNY under 6.9 today
<p>Yesterday's mid-rate setting for the onshore yuan was instructive. The People's Bank of China set the rate around a big figure lower than the estimate:</p><ul><li><a href="https://www.forexlive.com/centralbank/pboc-sets-usd-cny-mid-point-today-at-68698-vs-estimate-at-68799-20220829/" target="_blank" data-article-link="true">PBOC sets USD/…
Read More »PBOC sets USD/ CNY reference rate for today at 6.6781 (vs. yesterday at 6.6930)
Central rate for onshore yuan trading for the session ahead set by the People’s Bank of China Another decent rise for the yuan at the setting.
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