Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
PBOC sets USD/CNY reference rate at 7.1214 vs. 7.1182 previous
Source Fxstreet
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1214, as against the previous day's fix of 7.1182 and 7.1219 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
On July 4, Alibaba Group announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion).