PBOC is expected to set the USD/CNY reference rate at 6.9773 - Reuters estimate<p>The yuan has surged since the easing of coronavirus restrictions in China and the country inches towards reopening.</p><p>PBOC CNY reference rate is due around 0115 GMT.</p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: PBOC is expected to set the USD/CNY reference rate at 6.9773 - Reuters estimate (https://forexlive.com/centralbank/pboc-is-expected-to-set-the-usdcny-reference-rate-at-69773-reuters-estimate-20221206/https://forexlive.com/centralbank/pboc-is-expected-to-set-the-usdcny-reference-rate-at-69773-reuters-estimate-20221206/)
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