PBOC is expected to set the USD/CNY reference rate at 6.7167 – Reuters estimate
From the original
The fixing mechanism matters most right now because of what it has been signalling over recent weeks. The PBOC set its reference rate at the widest weak side deviation from market estimates in six months in late August, after the yuan touched a three and a half year high, a clear
Related speeches
4 itemsMore like this
5 itemsBoE’s Greene warns waiting for second-round inflation effects would be too late
PBOC sets USD/ CNY central rate at 6.7298 (vs. estimate at 6.6981), strongest since 2 February 2023
RBA minutes show three reasons for hike to 4.60% and leave door open to further increases
PBOC is expected to set the USD/CNY reference rate at 6.6981 – Reuters estimate