PBOC sets USD/CNY reference rate at 6.7989 The People's Bank of China set the USD/CNY central rate for the trading session ahead at 6.7989. The previous day's fix was 6.8036. The PBOC uses various monetary policy instruments to achieve its objectives, including f
PBOC sets USD/CNY reference rate at 6.7989
The People’s Bank of China set the USD/CNY central rate for the trading session ahead at 6.7989.
The previous day’s fix was 6.8036.
The PBOC uses various monetary policy instruments to achieve its objectives, including foreign exchange interventions and Reserve Requirement Ratio.
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