PBOC sets USD/ CNY reference rate for today at 6.7743 (vs. estimate at 6.7174)
From the original
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. 6.7743 is the strongest CNY level since 6 February 2023 PBoC injected 4 billion yuan of 7-day reverse repurchases. The interest rate was 1.40%, unchanged. This article was
Related speeches
4 itemsMore like this
5 itemsBOC’s Macklem: It could take some time for higher fuel margins to normalise
BOC’s Macklem: It could take some time for higher fuel margins to normalise
Fed 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