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PBoC Fixes USDCNY Reference Rate At 7.1135 (prev fix 7.1106 prev close 7.2480)
PBoC Fixes USDCNY Reference Rate At 7.1135 (prev fix 7.1106 prev close 7.2480)
— LiveSquawk (@LiveSquawk) June 11, 2024
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PBOC sets USD/ CNY reference rate for today at 7.1135 (vs. estimate at 7.2724)
The setting at 7.1135 is the weakest (for the CNY) since January 19 this year. PBOC injects 2bn via 7-day RR, sets rate at an unchanged 1.8%. • 4bn mature today. • A net drain of 2bn yuan in Open Market Operations (OMOs).
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- Posted: Jun 10, 2024 9:22pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,452
