2026-01-21 01:15:00
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a central reference rate, or “midpoint.”
Previous close 6.9598
Earlier:
- PBOC expected to set USD/CNY reference rate at 6.9578
more to come
This article was written by Eamonn Sheridan at investinglive.com.
