The mid-rate will be set at 0115GMT by the PBOC.
Reuters survey has expectations at 6.6698.
Yuan has been strengthening since May:
Reuters survey has expectations at 6.6698.
Yuan has been strengthening since May:
Most Popular
Sponsored
China's official manufacturing PMI rose to 50.3 in June from 50.0, beating forecasts, driven by AI-linked high-tech exports, even as property, retail and broader trade demand remained weak.
PBOC sets USD/ CNY central rate at 6.8109 (vs. estimate at 6.7877) PBOC CNY reference rate setting for the trading session ahead.
Now Japan's fin min weighs in: Will respond appropriately to currency moves at any time Another verbal intervention threat. Yen just hit sits weakest since 1986.
SpaceX joins Nasdaq-100! History suggests $10k could hit $15k by Dec. Options look cheap.
Goldman Sachs sees gold hitting $4,900, while UBS predicts a 30% surge. TD eyes a dip then a rally to $5,300.
PLTR jumps on Nvidia AI deal, boosting valuation. Surf Air Mobility partnership adds to momentum.
A former senior BOJ official says the central bank's next rate hike is likely before December, citing a potential inflation measure averaging near 3%, well above the 2% target, per Bloomberg.
Sponsored
Must Read