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via fxstreet.comEconomy

PBOC sets USD/CNY reference rate at 6.7208 vs. 6.7220 previous

FROM THE WIRE · FXSTREET.COM

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7208 compared to Friday's fix of 6.7220 and 6.6897 Reuters estimate.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe yuan fixing shapes expectations for Chinese currency management and the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The PBOC sets the USD/CNY central rate at 6.7208 for the coming session.
  2. 02Friday's fix was 6.7220.
  3. 03The Reuters estimate was 6.6897.

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