People’s Bank of China set the USD/CNY central rate at 6.9054 on Thursday, versus previous fix of 6.9249 and market expectations of 6.9061. It's worth noting that the USD/CNY closed near 6.9179 the previous day.
Each morning, the People’s Bank of China sets a so-called daily midpoint fix, based on the yuan’s previous day's closing level and quotations taken from the inter-bank dealer.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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