PBOC sets USD/CNY reference rate at 6.7114 on Thursday

Dhwani Mehta FXStreet

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.7114 on Thursday when compared to the previous fix and the previous close at 6.7035 and 6.7000 respectively.

China’s central bank injected 80 billion yuan via seven-day reverse repos at 2.10% vs prior 2.10%.

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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