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PBOC sets USD/ CNY mid-point today at 6.3653 (vs. estimate at 6.3654)

Started by forex4you, Feb 09, 2022, 04:27 am

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PBOC sets USD/ CNY mid-point today at 6.3653 (vs. estimate at 6.3654)

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.Yesterday’s mid-rate was


Source: PBOC sets USD/ CNY mid-point today at 6.3653 (vs. estimate at 6.3654)
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