May 20, 2024 01:20 GMT
USD/CNY Fixing Steady
CNH
The USD/CNY fix printed at 7.1042, versus a Bloomberg consensus of 7.2158.
- The USD/CNY fixing error was -1116pips in USD/CNY terms, slightly tighter than Friday's outcome. The actual fix was very close to Friday's outcome (7.1045).
- USD/CNH has been very steady to start Monday trade, last at 7.2340.
- As expected the 1yr and 5yr LPRs were unchanged.
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