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PBOC sets USD/ CNY central rate at 7.1063 (vs. estimate at 7.2459)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
30/04/2024 | 01:15 GMT
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Eamonn Sheridan
30/04/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2459 – Reuters estimate

  • The PBoC is vigorously propping up the yuan
Eamonn Sheridan
30/04/2024 | 00:14 GMT
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Eamonn Sheridan
30/04/2024 | 00:14 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1066 (vs. estimate at 7.2579)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
29/04/2024 | 01:15 GMT
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Eamonn Sheridan
29/04/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2579 – Reuters estimate

  • The setting will likely be somewhere on 7.10 or close by
Eamonn Sheridan
29/04/2024 | 00:17 GMT
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Eamonn Sheridan
29/04/2024 | 00:17 GMT
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Central Banks
Central Banks

PBOC sets yuan midpoint at 7.1056 versus last close at 7.2396

  • The latest yuan fixing
Adam Button
26/04/2024 | 01:18 GMT
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Adam Button
26/04/2024 | 01:18 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1058 (vs. estimate at 7.2472)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
25/04/2024 | 01:15 GMT
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Eamonn Sheridan
25/04/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2472 – Reuters estimate

  • The rate the Bank sets will likely be on the 7.10 big figure
Eamonn Sheridan
25/04/2024 | 00:53 GMT
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Eamonn Sheridan
25/04/2024 | 00:53 GMT
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Central Banks
Central Banks

Why the stronger yuan might prompt a PBOC rate cut

  • The CNY is strengthening, just not against the US dollar
Eamonn Sheridan
24/04/2024 | 03:27 GMT
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Eamonn Sheridan
24/04/2024 | 03:27 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY mid-point today at 7.1048 (vs. estimate at 7.2363)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
24/04/2024 | 01:15 GMT
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Eamonn Sheridan
24/04/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2363 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
24/04/2024 | 00:16 GMT
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Eamonn Sheridan
24/04/2024 | 00:16 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY central rate at 7. 1059 (vs. estimate at 7.2437)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
23/04/2024 | 01:15 GMT
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Eamonn Sheridan
23/04/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2437 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
23/04/2024 | 00:23 GMT
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Eamonn Sheridan
23/04/2024 | 00:23 GMT
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Central Banks
Central Banks

PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expected

  • LPRs set at 3.45% for the one-year and 3.95% for the five-year
Eamonn Sheridan
22/04/2024 | 01:16 GMT
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Eamonn Sheridan
22/04/2024 | 01:16 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1043 (vs. estimate at 7.2359)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
22/04/2024 | 01:15 GMT
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Eamonn Sheridan
22/04/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2359 – Reuters estimate

  • The slightly lower USD should make the PBoC breathe a little easier today
Eamonn Sheridan
22/04/2024 | 00:13 GMT
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Eamonn Sheridan
22/04/2024 | 00:13 GMT
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