PBOC to set Yuan reference rate at 7.0708 – Reuters


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. 

Get the 5 most predictable currency pairs

About Author

Comments are closed.