PBOC sets USD/ CNY reference rate for today at 7.0211 (vs. yesterday at 7.0136)


People’s Bank of China mid rate for today’s trading onshore yuan.

   I reported the estimated rate erlier along with remarks on why you shoud be wary of it. 

Offshore yuan gets a bid on the lower than expected rate of the USD/CNY:

ps. I misspelt trading in the first line to the post and auto-correct suggest ‘trashing’. Maybe it got inside info …. 😉


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