PBOC sets USD/ CNY reference rate for today at 6.7487 (vs. estimate at 6.6951)
From the original
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. 6.7487 is the strongest for CNY since 3 February, 2023 PBoC injects 165bn yuan via 7-day reverse repos at 1.40% more to come This article was written by Eamonn Sheridan at
Related speeches
4 itemsMore like this
5 itemsFed policymaker Goolsbee warns strong demand may be fueling US inflation as rate hike outlook hardens
ECB inflation headache could worsen as gas prices feed through faster than before
All four major Australian banks now forecast RBA hike to 4.60% on September 29
ICYMI: BofA keeps call for Fed hikes in October and December as spending runs hot