-
PBOC sets USD/ CNY mid-point today at 7.1931 (vs. estimate at 7.2112)
Source: Buzz FX / 19 May 2025 21:45:33 America/New_York
Its been busy from China already, with rate cuts flowing in:
The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB).
Read more...