The Traderszone Network

Published in TZ Latest News 12 December, 2021 by The TZ Newswire Staff

PBOC sets USD/ CNY reference rate for today at 6.3669 (vs. estimate at 6.3606)

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.The previous close wa