PBOC is expected to set the USD/CNY reference rate at 7.2765 – 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 7.3065 – Reuters estimate
In Chinese media today a report says the People’s Bank of China should use its countercyclical measure to support the yuan. Yesterday the People’s Bank of China signalled very clearly…
Read More »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…
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