• PBOC sets USD/CNY reference rate at 7.2148 vs. 7.2150 previous

Market news

11 September 2023

PBOC sets USD/CNY reference rate at 7.2148 vs. 7.2150 previous

On Friday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.2150, compared with Friday’s fix of 7.2150 and market expectations of 7.3437. 

The PBOC injected 215 bln yuan via 7-day reverse repos at 1.80% vs. prior 1.80%.

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