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PBoC sets USD/CNY reference rate at 7.1043 vs 7.1046 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1043 as compared to Friday's fix of 7.1046 and 7.2359 Reuters estimates.

(This title of the story was corrected on April 21 at 05:51 GMT to say that the PBoC sets USD/CNY reference rate at "7.1043 vs 7.1046" previous instead of "7.1046 vs 7.1020")

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Haresh Menghani

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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