Search investingLive
Home
PBOC sets the USDCNY midpoint at 7.1124 vs 7.1116 estimate

PBOC sets the USDCNY midpoint at 7.1124 vs 7.1116 estimate

News
Greg Michalowski
30/08/2024 | 01:19 GMT
  • Prior fixing was at 7.1299

The PBOC set the USDCNY midpoint at 7.1124. That is the strongest level since June 13.

The estimate was 7.1116. The prior was at 7.1299.

Most Popular

Best in 2026

Sponsored

General Risk Warning
Best Prop Firm in 2026: Detailed Comparison
Best Forex Brokers in 2026: Detailed Comparison
investingLive Premium
Telegram Community
Gain Access
View more

AI chipmaker NVDA's P/E ratio soars to 75x, signaling high growth expectations but also potential valuation risks.

Associated Press Finance
9m ago

Gold's 60% surge vs. Bitcoin's -12% dip. Gold offers stability; Bitcoin, higher risk/reward.

Motley Fool
14m ago

S&P 500 sideways YTD, but tech's return could boost VOO. Geopolitics may offer temporary dip.

Motley Fool
22m ago

SYM & FSLY see soaring sales; ALAB's 92% growth faces high valuation risk.

Motley Fool
39m ago

Oil spikes to $119, sparking market sell-off. Fed fears add to investor angst. Stocks, bonds, gold tumble.

Bloomberg
1h ago

GLP COO sells $740K units. High yield (6.52%) but tax complexity. Geopolitics boost oil prices.

Motley Fool
1h ago

ASML's 29.4% net margin & doubled bookings show its chip tech monopoly's value vs. volatile crypto.

Motley Fool
1h ago
investingLive Premium
Telegram Community
Gain Access

Best in 2026

Sponsored

General Risk Warning
Best Prop Firm in 2026: Detailed Comparison
Best Forex Brokers in 2026: Detailed Comparison

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}