• PBOC sets USD/CNY reference rate at 7.1212 vs. 7.1115 previous

Market news

12 June 2023

PBOC sets USD/CNY reference rate at 7.1212 vs. 7.1115 previous

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate at 7.1212, compared with Friday’s fix of 7.1115 and market expectations of 7.1214. 

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