Home Latest PBOC sets USD/ CNY reference rate for today at 6.4651 (vs. yesterday...

PBOC sets USD/ CNY reference rate for today at 6.4651 (vs. yesterday at 6.4835)

Forex, video, latest July 22, 2021 9:01 am

a People’s Bank of China set a onshore yuan (CNY) 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 6.4685
  • Reuters estimate was 6.4677 (A rate that’s significantly stronger or weaker than expected is typically considered a signal from a PBOC). 
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