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PBOC sets USD/CNY reference rate at 7.0742 vs. 7.0568 previous
Source Fxstreet
On Thursday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0742, as compared to the previous day's fix of 7.0568 and 7.0734 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
In this week’s round of key central bank decisions, the Fed, Bank of Canada, ECB, and Bank of England all sent more hawkish-than-expected signals about future rate paths.