Forex

PBOC sets USD/ CNY reference rate for today at 7.0078 (vs. estimate at 6.9722)


2026-01-16 01:15:00

Earlier:

  • PBOC is expected to set the USD/CNY reference rate at 6.9722 – Reuters estimate

Thursday:

  • China new bank lending stumbles once again in 2025
  • PBOC to cut rates on various structural policy tools by 25 bps

more to come

This article was written by Eamonn Sheridan at investinglive.com.

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