Home PBOC to set Yuan reference rate at 7.0947

PBOC to set Yuan reference rate at 7.0947

Updated: 26 Sep. 2019 | 02:47

The People’s Bank of China (PBOC) is expected to set the Yuan reference rate at 7.0947 per US Dollar, having fixed the exchange rate at 7.0724 per US Dollar on Wednesday.

The USD/CNY pair closed at 7.1313 on Wednesday, representing 0.24% gains on the day.

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