USD/CNY could reach the 6.70 level if PBoC triggers further rate cuts - SocGenThe People's Bank of China (PBoC) appears reluctant to trigger further headline policy rate cuts. However, when most lockdowns are lifted, the central
Source: USD/CNY could reach the 6.70 level if PBoC triggers further rate cuts - SocGen (https://www.fxstreet.com/news/usd-cny-could-reach-the-670-level-if-pboc-triggers-further-rate-cuts-socgen-202204221445)