The PBOC sets the USD/CNY reference rate at 6.7913, using the 2% trading band to signal its stance on capital flows and financial stability.
Sofia Mendes
14 min read
The PBOC sets the USD/CNY reference rate at 6.8045. I analyze how this specific fix guides the 2% trading band and signals policy intent.
Marcus Halloran
15 min read
The PBOC sets the USD/CNY fixing at 6.7733. I explain how this specific midpoint anchors the 2% trading band for your FX strategy.
Aisha Rahman
14 min read