People's Bank of China Adjusts USD/CNY Reference Rate to 7.1310

Tuesday, 9 July 2024, 01:19

The latest update from the People's Bank of China (PBOC) reveals a minor adjustment in the USD/CNY central rate to 7.1310, in comparison to the previous day's fix of 7.1286. This move signals potential stability in the currency exchange values, impacting global market sentiments positively.
FXStreet
People's Bank of China Adjusts USD/CNY Reference Rate to 7.1310

Update from People's Bank of China

The People's Bank of China (PBOC) made a slight adjustment to the USD/CNY central rate on Tuesday.

Currency Exchange Rate

  • The new reference rate stands at 7.1310 compared to the previous day's fix of 7.1286.

This adjustment shows a subtle shift in the currency's valuation, potentially influencing market trends.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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