Home PBOC expected to set Yuan reference rate at 7.0119

PBOC expected to set Yuan reference rate at 7.0119

Published date: 23 Dec. 2019 | 01:52

The People’s Bank of China on Monday is expected to fix the Yuan reference rate at 7.0119, having set the midpoint rate at 7.0020 on Friday.

The currency pair closed at 7.006 on Friday, representing a 0.34% drop on a month-to-date basis.

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