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.
Read More »PBOC sets yuan reference rate at 6.9183
The People’s Bank of China (PBOC) has set the yuan reference rate at 6.9183 versus Monday’s fix at 6.9194.
Read More »PBOC sets Yuan reference rate at 6.9803
The People’s Bank of China has set the yuan reference rate at 6.9803 versus Monday’s fix at 6.9980.
Read More »Uh-oh, now it looks like a China – US Mint war! China to issue gold, silver coins set
China’s central bank, the People’s Bank of China, will issue a set of commemorative coins on featuring the Forbidden City (Beijing’s former imperial palace).
Read More »PBOC sets yuan reference rate at 7.0029
The People’s Bank of China (PBOC) has set the yuan reference rate at 7.0029 versus Friday’s fix at 6.9938.
Read More »PBOC sets Yuan reference rate at 7.0310
The People’s Bank of China (PBOC) has set the yuan reference rate at 7.0310 versus Monday’s fix at 7.0663.
Read More »PBOC sets Yuan reference rate at 7.0555
The People’s Bank of China (PBOC) has set the yuan reference rate at 7.0555 versus Tuesday’s fix at 7.0671. The central bank has injected liquidity wo
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