NEWS: PBOC sets USD/ CNY mid-point today at 6.3858 (vs. yesterday at 6.4030) May 28, 2021 at 02:15AM

NEWS: PBOC sets USD/ CNY mid-point today at 6.3858 (vs. yesterday at 6.4030) May 28, 2021 at 02:15AM

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.
– USD/CNY is permitted to trade plus or minus 2% from this daily reference rate.
The rate is a surprise from the PBOC, weaker than expected for the yuan. Yuan has been on a rip, the PBOC is not

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Breaking News

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. – USD/CNY is permitted to trade plus or minus 2% from this daily reference rate. The rate is a surprise from the PBOC, weaker than expected for the yuan. Yuan has been on a rip, the PBOC is not

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The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.
– USD/CNY is permitted to trade plus or minus 2% from this daily reference rate.
The rate is a surprise from the PBOC, weaker than expected for the yuan. Yuan has been on a rip, the PBOC is not