USD/ CNY central rate for the day (banks can trade the USD/CNY + or – 2% of this rate, no more)
In Open market operations (OMOs)A strengthening for the CNY against the USD today; given the overnight weakness in the USD that is not a surprise
USD/ CNY central rate for the day (banks can trade the USD/CNY + or – 2% of this rate, no more)
In Open market operations (OMOs)A strengthening for the CNY against the USD today; given the overnight weakness in the USD that is not a surprise