The band is currently plus or minus 2% from the central rate set each day by the People’s Bank of China
– That’s for the ‘onshore’ yuan, CNY
For the ‘offshore, CNH, that can trade wherever the market takes it
The band is currently plus or minus 2% from the central rate set each day by the People’s Bank of China
– That’s for the ‘onshore’ yuan, CNY
For the ‘offshore, CNH, that can trade wherever the market takes it