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USD/CNY Fixing Close To Unchanged

CNH

The USD/CNY fixing was set at 7.1058, versus a Bloomberg consensus of 7.2442.

  • This keeps the fixing just under recent highs (7.1059). The error term, in USD/CNY terms, widened a touch to -1384pips, also within recent ranges.
  • The upper limit on spot USD/CNY today is around 7.2479.
  • USD/CNH is a touch softer in recent dealings, tracking back under the 7.2700 handle.

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