PBOC sets USD/CNY reference rate at 7.1833 vs. 7.1919 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1833 as compared to Friday’s fix of 7.1919 and 7.1737 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and … Read more