Forex
globalreutersJanuary 21, 20251 Mins read
PBOC sets USD/ CNY central rate at 7.1703 (vs. estimate at 7.2888)
globalreutersJanuary 21, 20251 Mins read Chinese authorities will be nervously eyeing remarks like this:
If he can shaft countries he has a free trade agreement with, that he negotiated, what will he do to China
That 7.1703 rate is the strongest, for CNY (lowest for USD/CNY) since November 8 last year.
PBOC injects 256bn yuan via 7-day RR, sets rate at 1.5%
- 55bn yuan mature today
-
net injection is 2021bn yuan
This article was written by Eamonn Sheridan at www.forexlive.com.
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