PBOC sets yuan rate 0.0063 above estimate
The People’s Bank of China set the USD/CNY central rate at 6.7990.
The rate is 0.0063 above the estimated 6.7927.
The yuan is allowed to fluctuate within a +/- 2% range around this reference rate.
China Sets Yuan Rate At 6.7990
PBOC sets yuan rate 0.0063 above estimate The People's Bank of China set the USD/CNY central rate at 6.7990. The rate is 0.0063 above the estimated 6.7927. The yuan is allowed to fluctuate within a +/- 2% range around this reference rate.