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Forex news -forex broker review => Forex => Topic started by: forex4you on Mar 22, 2022, 10:16 am

Title: PBOC sets USDCNY midpoint at 6.3664 versus expectations of 6.3635
Post by: forex4you on Mar 22, 2022, 10:16 am
PBOC sets USDCNY midpoint at 6.3664 versus expectations of 6.3635

PBOC sets the midpoint at 6.3664 down from yesterday's midpoint at 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 rangePBOC injects CNY 20 billion via seven day reverse rep

Source: PBOC sets USDCNY midpoint at 6.3664 versus expectations of 6.3635 (https://www.forexlive.com/centralbank/pboc-sets-usdcny-midpoint-at-63664-versus-expectations-of-63635-20220322/)

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