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PBoC sets USD/CNY reference rate at 7.1002 vs 7.0994 previous
Source Fxstreet
May 7, 2024 01:18
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1002 as compared to the previous day's fix of 7.0994 and 7.2143 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
The USD/JPY climbed during the North American session after inflation data in the United States (US) showed that prices on the producer side edged higher than expected.