Tag: reference

The PBOC is expected to set the USD/CNY reference rate at 7.1331 for Monday, 17 October

<p>That&apos;s the Reuters estimate for the setting. </p><p>Xi spoke over the weekend, reiterating his commitment to COVID-zero:</p><ul><li><a href="https://www.forexlive.com/news/chinas-xi-speech-flagged-no-change-to-covid-zero-policy-no-relief-for-property-slump-20221016/" target="_blank" data-article-link="true">China&apos;s Xi speech flagged no change to COVID-ZERO policy, no relief for property slump</a></li></ul><p>There...

PBOC sets USD/ CNY reference rate for today at 7.1103 (vs. estimate at 7.1236)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH...

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