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PBOC sets USD/ CNY reference rate for today at 7.1020 (vs. estimate at 7.2281)

PBOC sets USD/ CNY reference rate for today at 7.1020 (vs. estimate at 7.2281)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Thursday, 18/04/2024 | 01:15 GMT-0
18/04/2024 | 01:15 GMT-0
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2281 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 7.2281 – Reuters estimate

  • The PBoC is supporting the yuan and will set the rate around 1400 pips lower than this
Eamonn Sheridan
Eamonn Sheridan
Thursday, 18/04/2024 | 00:28 GMT-0
18/04/2024 | 00:28 GMT-0
Central Banks

PBOC sets USD/ CNY central rate at 7.1025 (vs. estimate at 7.2404)

PBOC sets USD/ CNY central rate at 7.1025 (vs. estimate at 7.2404)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 17/04/2024 | 01:15 GMT-0
17/04/2024 | 01:15 GMT-0
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2404 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 7.2404 – Reuters estimate

  • The rate the Bank sets will be around 1400 pips or so lower
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 17/04/2024 | 00:30 GMT-0
17/04/2024 | 00:30 GMT-0
News

US trade chief says 'taking a serious look' at tools to deal with China

US trade chief says 'taking a serious look' at tools to deal with China

  • Some excerpts from the upcoming testimony from US trade representative, Katherine Tai, later today
Justin Low
Justin Low
Tuesday, 16/04/2024 | 09:16 GMT-0
16/04/2024 | 09:16 GMT-0
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