PBOC Sets USD/CNY Reference Rate at 6.8150
The People's Bank of China set the USD/CNY central parity rate at 6.8150 for Thursday, up from the previous fix of 6.8130.
USDCNY
The People's Bank of China (PBOC) has set the USD/CNY central parity rate at 6.8150 for Thursday's trading session. This compares with the previous day's fix of 6.8130, representing a slight upward adjustment of 20 pips.
A higher fix indicates a modest weakening of the yuan against the dollar, aligning with the PBOC's managed float mechanism. Traders will watch for any further movement during the session.
Source: FXStreet Forex News