Home Latest PBOC sets USD/ CNY mid-point today at 6.5463 (vs. yesterday at 6.5384)

PBOC sets USD/ CNY mid-point today at 6.5463 (vs. yesterday at 6.5384)

Forex, video, latest April 8, 2021 9:02 am

a People’s Bank of China set a onshore yuan reference rate for a trading session ahead.   

  • USD/CNY is permitted to trade plus or minus 2% from this daily reference rate.
  • CNH is a offshore yuan. USD/CNH has no restrictions on its trading range.
  • a previous close was 6.5435
  • Reuters estimate from their survey was 6.5497, Bloomberg 6.5466 …. (A rate that’s significantly stronger or weaker than expected is typically considered a signal from a PBOC.) 
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