Asia
ChinaChina's PBOC likely to fix yuan midpoint at 6.6973 per dollar
An estimate suggests that the People's Bank of China (PBOC) is likely to set the yuan midpoint at 6.6973 per dollar.
Background
China's central bank, the People's Bank of China (PBOC), manages the yuan's exchange rate against the US dollar. This daily fixing influences the currency's trading band, impacting China's economy and global trade dynamics.
Quorum · collective opinions
RMB to USD central parity rate set at 6.7330
First report 3h agoLast update 3h ago1 takes 1
currency rate reportingneutralShow 1 post
started 3h ago•Last update 3h ago
Reports on the official central parity rate for the RMB against the USD.
China's PBOC likely to fix yuan midpoint at 6.6973 per dollar
First report 4h agoLast update 4h ago1 takes 1
estimate reportingneutralShow 1 post
started 4h ago•Last update 4h ago
Reports on the estimated yuan midpoint fix by China's central bank.
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