Home PBOC sets yuan reference rate at 6.5408

PBOC sets yuan reference rate at 6.5408

Updated: 4 Jan. 2021 | 02:22

The People’s Bank of China (PBOC) has set the yuan reference rate at 6.5408 versus 6.5249 previous. USD/CNH (offshore yuan exchange rate) is currently trading at 6.4906, the lowest levels since June 2018.

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