Free Trial

MNI: PBOC Sets Yuan Parity Higher At 7.1068 Tues; -4.39% Y/Y

MNI (Singapore)
MNI (Beijing)
True

The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher at 7.1068 on Tuesday, compared with 7.1032 set on Monday. The fixing was estimated at 7.1979 by Bloomberg survey today.

USD-CNY

Keep reading...Show less
103 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher at 7.1068 on Tuesday, compared with 7.1032 set on Monday. The fixing was estimated at 7.1979 by Bloomberg survey today.

USD-CNY

Keep reading...Show less