PBOC sets USD/CNY reference rate at 6.3996 on Wednesday

Dhwani Mehta FXStreet

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3996 on Wednesday when compared to the previous close at 6.3940.

Meanwhile, the Chinese central bank left the loan prime rates (LPR) unchanged in April.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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