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USD/CNY Fixing Error Narrowest Since July 2023

CNH

The USD/CNY fixing printed at 7.1318, versus a Bloomberg consensus of 7.1454.

  • Today's outcome delivered just a -136pip fixing error, the narrowest since July last year.
  • The actual fix was down further from yesterday's 7.1318 outcome.
  • USD/CNH is relatively steady post the fixing outcome, last near 7.1430. This is up slightly in line with softer yen trends.

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