China Sets Yuan Reference Rate

PBOC sets USD/CNY rate at 6.8415 The PBOC has set the USD/CNY reference rate for today at 6.8415. This rate allows the yuan to fluctuate within a +/- 2% range. The set rate is higher than the estimated 6.7976, indicating a potential shift in currency value.

PBOC sets USD/CNY rate at 6.8415

The PBOC has set the USD/CNY reference rate for today at 6.8415.

This rate allows the yuan to fluctuate within a +/- 2% range.

The set rate is higher than the estimated 6.7976, indicating a potential shift in currency value.

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