Sage Investment Club

PBOC sets USD/ CNY reference rate for today at 6.7967 (vs. estimate at 6.7962)

<p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6.7988</p><p>PBoC injects 393bn yuan of 7-day reverse repos […]

PBOC sets USD/ CNY reference rate for today at 6.7737 (vs. estimate at 6.7755)

<p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6.8002</p><p>-</p><p>PBoC injects 150bn yuan of 7-day reverse repos […]

PBOC sets USD/ CNY reference rate for today at 6.7382 (vs. estimate at 6.7389)

<p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was </p><p>PBoC injects 23bn yuan of 7-day reverse repos […]

PBOC sets USD/ CNY reference rate for today at 6.7626

<p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead after the long Lunar New Year holiday break.</p><p>Mainland Chinese stockmarkets will reopen at the bottom of the hour. Hong Kong opened mid-last week and has rocketed higher. USD/CNY is the onshore yuan. Its permitted to trade plus or minus […]

PBOC is expected to set the USD/CNY reference rate at 6.7660 – Reuters estimate

<p>PBOC CNY reference rate is due around 0115 GMT.</p><p>Earlier:</p><p class="article-slot__title title top"><a href="https://www.forexlive.com/news/chinas-cabinet-said-it-will-promote-consumption-recovery-boost-imports-to-drive-economy-20230129/" rel="follow" target="_self" class="article-link">China's cabinet said it will promote consumption recovery, boost imports to drive economy</a></p><p class="article-slot__title title top"><a href="https://www.forexlive.com/centralbank/weekend-china-to-extend-3-lending-tools-for-further-targeted-economic-support-20230129/" rel="follow" target="_self" class="article-link">China to extend 3 lending tools for further targeted economic support</a></p> This article was written by Eamonn Sheridan at www.forexlive.com. Source […]

PBOC is expected to set the USD/CNY reference rate at 6.7090 – Reuters estimate

<p>PBOC CNY reference rate is due around 0115 GMT.</p><p>Heads up for later today:</p><ul><li><a href="https://www.forexlive.com/centralbank/pboc-mlf-liquidity-injection-today-unchanged-rate-expected-but-some-expect-a-small-cut-20230115/" target="_blank" rel="follow" data-article-link="true">PBOC MLF liquidity injection today – unchanged rate expected (but some expect a small cut)</a></li></ul><p>PBOC Governor Yi Gang</p> This article was written by Eamonn Sheridan at www.forexlive.com. Source link

PBOC sets USD/CNY reference rate at 6.8265 vs. 6.8912 previous

People’s Bank of China (PBOC) set the USD/CNY central rate at 6.8265 on Monday, versus Friday’s fix of 6.8912 and market expectations of 6.8276. In doing so, the PBOC propels the CNY rate by the most in 30 days. It’s worth noting that the USD/CNY closed near 6.8235 the previous day. In addition to the USD/CNY fix, […]