Fresh PBOC advisory
So what looked like China leaning against USD/CNY strength was some kind of mistake. The PBOC midpoint we reported has been withdrawn. China is on holiday today and in China — where everything is controlled — that includes FX.
Fresh PBOC advisory
So what looked like China leaning against USD/CNY strength was some kind of mistake. The PBOC midpoint we reported has been withdrawn. China is on holiday today and in China — where everything is controlled — that includes FX.