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4 Jan 2017

PBOC sets Yuan reference rate at 6.9526

The People's Bank of China (PBOC) set the yuan reference rate at 6.9526 against the dollar compared to Tuesday’s setting at 6.9498

Jan 4, 2017

USD/CNY fix projection: 6.9659 - Nomura

Analyst at Nomura offered their projections for today's fix. Key Quotes: "Our model1 projects the fix to be 161 pips higher than the previous fix (6
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Jan 4, 2017

PBOC drains cash, sets Yuan fix at weakest since May 2008

The People’s Bank of China (PBOC) injected tiny CNY 20 billion in reverse repo, but the net drain amounted to CNY 140 billion for the day. The centra
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