Tag: USDCNY

PBOC is anticipated to set the USD/CNY reference price at 7.1307 – Reuters estimate

<p>PBOC CNY reference price is due round 0115 GMT.</p><p>Yesterday:</p><ul><li><a href="https://www.forexlive.com/centralbank/pboc-sets-usd-cny-mid-point-today-at-71667-vs-estimate-at-71529-20221122/" goal="_blank">PBOC units USD/ CNY mid-point at present at 7.1667 (vs. estimate at 7.1529)</a></li></ul> ...

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...

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