The Traderszone Network

Published in TZ Latest News 14 December, 2021 by The TZ Newswire Staff

PBOC sets USD/ CNY mid-point today at 6.3716 (vs. estimate at 6.3684)

USD/CNY is the onshore yuan and its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD/CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC. Quite a weak set for