The People’s Bank of China has set the benchmark rate for the onshore yuan (CNY) for the upcoming trading session.
- USD/CNY is the onshore yuan. It is allowed to trade plus or minus 2% of this daily reference rate.
- CNH is the offshore yuan. USD/CNH has no restrictions on its trading range.
- A rate that is significantly higher or lower than expected is generally considered a signal of PBOC.
- Previous close was 6.7675
—
more soon
—
cnbctv18-forexlive
Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
