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Markets

PBOC sets USD/CNY mid-point today at 6.4787 (vs. Friday's 6.4908 )

Also, CFETS (China Foreign Exchange Trading System) set the index (i.e. the yuan against the basket of currencies) at 97.38 on Friday (down 0.26% on the week)

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  • A weakening for USD/CNY today from the People's Bank of China
  • In Open Market operations today, PBOC inject 30bn yuan (via 7-day reverse repos)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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