PBOC likely to fix USD/CNY at 6.7241, Reuters poll shows
PBOC expected to fix USD/CNY at 6.7241; recent moves show concern over pace of yuan gains.
22 h ago16 min read
PBOC expected to fix USD/CNY at 6.7241; recent moves show concern over pace of yuan gains.
Reuters estimates the PBOC will set the USD/CNY reference rate at 6.7148. The fixing has recently sent cautionary signals on yuan strength.
PBOC set the USD/CNY central rate at 6.7670, above the Reuters estimate of 6.7051. It injected 597 billion yuan via overnight reverse repos, with no seven-day…
Reuters poll shows PBOC expected to set USD/CNY midpoint at 6.7083, with fixing closely watched for policy signals on yuan pace.
Reuters sees PBOC's USD/CNY reference rate at 6.7174, with the fixing viewed as braking the yuan's pace rather than reversing its uptrend.