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CNY: Yuan Fix Marginally Lower, Survey Expected It To Rise

CNY
  • CNY reference rate was fixed at 7.1884, slightly lower than Monday’s 7.1899. The error with the estimate was up to 0.1194 from 0.1068.
  • USDCNH is trending lower and is currently at 7.3106 after a high of 7.3156 early in the day.
  • China’s yuan fixing was estimated at 7.3078, according to Bloomberg, with the range 7.3027 to 7.3130.

 

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  • CNY reference rate was fixed at 7.1884, slightly lower than Monday’s 7.1899. The error with the estimate was up to 0.1194 from 0.1068.
  • USDCNH is trending lower and is currently at 7.3106 after a high of 7.3156 early in the day.
  • China’s yuan fixing was estimated at 7.3078, according to Bloomberg, with the range 7.3027 to 7.3130.