PBOC sets USD/CNY reference rate at 7.1159 vs. 7.1148 previous

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The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1159, as against the previous day's fix of 7.1148 and 7.2482 Reuters estimates.

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1159, as against the previous day's fix of 7.1148 and 7.2482 Reuters estimates.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.The AUD/USD gains traction near 0.6660 during the trading hours on Wednesday. The pair edges higher after the weaker-than-expected US Retail Sales data and hawkish hold from the Reserve Bank of Australia at its June meeting on Tuesday. USD/JPY consolidates its recent gains to the highest level since late April.

 

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