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CNY: Yuan Fix Marginally Higher

CNY
  • CNY reference rate was fixed at 7.1899, only slightly higher than Friday’s 7.1893. The error with the estimate was down slightly.
  • USDCNH is off its intraday high of 7.3023 to be flat on the day at 7.300.
  • China’s yuan fixing was estimated at 7.2967, according to Bloomberg, with the range 7.2933 to 7.3032.
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  • CNY reference rate was fixed at 7.1899, only slightly higher than Friday’s 7.1893. The error with the estimate was down slightly.
  • USDCNH is off its intraday high of 7.3023 to be flat on the day at 7.300.
  • China’s yuan fixing was estimated at 7.2967, according to Bloomberg, with the range 7.2933 to 7.3032.