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Forex news -forex broker review => Forex => Topic started by: forex4you on Feb 08, 2022, 04:24 am

Title: PBOC sets USD/ CNY central rate at 6.3569 (vs. estimate at 6.3543)
Post by: forex4you on Feb 08, 2022, 04:24 am
PBOC sets USD/ CNY central rate at 6.3569 (vs. estimate at 6.3543)

USD/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.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.PBoC injects 20bn yuan v


Source: PBOC sets USD/ CNY central rate at 6.3569 (vs. estimate at 6.3543) (http://forex.wine/pboc-sets-usd-cny-central-rate-at-6-3569-vs-estimate-at-6-3543/)

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