PBOC sets USD/CNY reference rate at 7.2066 vs. 7.2095 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2066 as compared to Friday’s fix of 7.2095 and 7.2429 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