PBOC sets USD/CNY reference rate at 7.1313 vs. 7.1300 previous

Lallalit Srijandorn FXStreet

The People’s Bank of China (PBOC) set the USD/CNY central rate on Monday at 7.1313, as against the previous day's fix of 7.1300 and 7.2548 Reuters estimates.

Furthermore, the People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Monday, as expected.

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Lallalit Srijandorn

FXStreet

Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.

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