September 25, 2024 01:21 GMT
CNH: USD/CNY: Fixing Error Remains Steady
CNH
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The USD/CNY fixing printed at 7.0202, versus a Bloomberg consensus of 7.0206.
• The fixing error remains steady at -4pips in USD/CNY terms, vs -6pips on Tuesday.
• USD/CNH has dropped from a monthly high of 7.136 on Sept 11 to a monthly low of 6.9951 this morning, spot has managed to trade just back above 7.000 post the fixing.
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