Reuters sees PBOC USD/CNY fix at 6.7025
Reuters expects the PBOC to set the USD/CNY midpoint at 6.7025, with recent fixings showing Beijing has eased resistance to yuan gains.
Reuters expects the PBOC to set the USD/CNY midpoint at 6.7025, with recent fixings showing Beijing has eased resistance to yuan gains.
The PBOC has eased resistance to yuan gains, though September fixings remain below market estimates. Reuters sees the next midpoint at 6.7085.
PBOC set the yuan central rate at 6.7459 per dollar versus a 6.6989 forecast, the strongest since February 3, 2023.
Reuters estimates the PBOC will set the USD/CNY reference rate at 6.6951, with the fixing mechanism signalling concerns over yuan appreciation pace.
PBOC set its widest weak-side fixing deviation in six months after yuan hit 3.5-year high, signaling concern over pace of gains.
PBOC expected to fix USD/CNY at 6.7241; recent moves show concern over pace of yuan gains.
Reuters estimates the PBOC will set the USD/CNY reference rate at 6.7148. The fixing has recently sent cautionary signals on yuan strength.
PBOC set the USD/CNY central rate at 6.7670, above the Reuters estimate of 6.7051. It injected 597 billion yuan via overnight reverse repos, with no seven-day…
Reuters poll shows PBOC expected to set USD/CNY midpoint at 6.7083, with fixing closely watched for policy signals on yuan pace.
Reuters sees PBOC's USD/CNY reference rate at 6.7174, with the fixing viewed as braking the yuan's pace rather than reversing its uptrend.