December 20, 2024 01:20 GMT
CNH: USD/CNY Fixing & Error Term Close To Unchanged
CNH
The USD/CNY fixing printed at 7.1901, versus a Bloomberg consensus of 7.3060.
- The fixing error was slightly tighter at -1159pip, but still close to recent wides.
- The actual fix was 10pips sub yesterday's outcome.
- USD/CNH is little changed in the first part of Friday dealings. We were last just above 7.3100.
- As expected the LPRs we left unchanged.
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