Home PBOC to set Yuan reference rate at 7.0708 – Reuters

PBOC to set Yuan reference rate at 7.0708 – Reuters

Updated: 22 Oct. 2019 | 02:47

The People’s Bank of China (PBOC) is likely to announce the daily YUAN (CNY) fix at 7.0708, having set the reference rate at 7.0680 on Monday.

The USD/CNY pair closed at 7.0740 on Monda. Meanwhile, the offshore exchange rate, as represented by the USD/CNH pair, is currently trading at 7.0693.

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