PBOC sets USD/CNY reference rate at 7.1048 vs. 7.1102 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1048 compared to the previous day’s fix of 7.1102 and 7.1329 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, …
PBOC sets USD/CNY reference rate at 7.1048 vs. 7.1102 previous Read More »