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PBOC expected to set Yuan midpoint at 6.3635.

Started by forex4you, Mar 22, 2022, 10:16 am

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PBOC expected to set Yuan midpoint at 6.3635.

The PBOC is expected that the Yuan point at 6.3635. That compares to the midpoint yesterday of 6.3677USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore Yuan. USD/CNH has no restrictions on its trading range

Source: PBOC expected to set Yuan midpoint at 6.3635.

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