While we await the CNY fix (estimate is 6.9206) - heads up for a China holiday on Monday<p>The People's Bank of China is expected to set the reference rate for USD/CNY today at 6.9206.</p><p>The Bank is getting a breather from the rapid yuan fall with some US dollar softness. </p><p>Also, it's a holiday in China on Monday, September 12. For the final day of the mid-Autumn festival. </p><p>AKA Mooncake festival.</p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: While we await the CNY fix (estimate is 6.9206) - heads up for a China holiday on Monday (https://forexlive.com/news/while-we-await-the-cny-fix-estimate-is-69206-heads-up-for-a-china-holiday-on-monday-20220909/https://forexlive.com/news/while-we-await-the-cny-fix-estimate-is-69206-heads-up-for-a-china-holiday-on-monday-20220909/)
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