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Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1028 (vs. estimate at 7.2238)

PBOC sets USD/ CNY reference rate for today at 7.1028 (vs. estimate at 7.2238)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Thursday, 09/05/2024 | 01:15 GMT-0
09/05/2024 | 01:15 GMT-0
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2238 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 7.2238 – Reuters estimate

  • The setting will be around 7.10
Eamonn Sheridan
Eamonn Sheridan
Thursday, 09/05/2024 | 00:18 GMT-0
09/05/2024 | 00:18 GMT-0
Central Banks

Chinese state media is reporting the PBOC is likely to cut its RRR in Q2 2024

Chinese state media is reporting the PBOC is likely to cut its RRR in Q2 2024

  • Reserve Requirement Ratio (RRR)
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 08/05/2024 | 02:37 GMT-0
08/05/2024 | 02:37 GMT-0
Central Banks

PBOC sets USD/ CNY mid-point today at 7.1016 (vs. estimate at 7.2202)

PBOC sets USD/ CNY mid-point today at 7.1016 (vs. estimate at 7.2202)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 08/05/2024 | 01:15 GMT-0
08/05/2024 | 01:15 GMT-0
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2202 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 7.2202 – Reuters estimate

  • The rate will much lower than this
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 08/05/2024 | 00:21 GMT-0
08/05/2024 | 00:21 GMT-0
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