PBOC sets USD/CNY reference rate at 7.1318 vs. 7.1328 previous


The People’s Bank of China (PBOC) set the USD/CNY central rate on Wednesday at 7.1318, as against the previous day's fix of 7.1328 and 7.2630 Reuters estimates.

Share: Feed news

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. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

GBP/USD consolidates below one-year top, looks to UK CPI for fresh directional impetus

GBP/USD consolidates below one-year top, looks to UK CPI for fresh directional impetus

GBP/USD remains confined in a familiar range held since the beginning of this week. September Fed rate cut bets continue to undermine the USD and lend some support. Diminishing bets for the August BoE rate cut favor bulls ahead of the UK CPI report.

GBP/USD News

EUR/USD appreciates to near 1.0900; next barrier around four-month highs

EUR/USD appreciates to near 1.0900; next barrier around four-month highs

EUR/USD advances for the second consecutive day, trading around 1.0900 during Wednesday's Asian session. The analysis of the daily chart shows a bullish trend, as the pair remains within an ascending channel.

EUR/USD News

Gold set to capture $2,500 on Fed easing bets

Gold set to capture $2,500 on Fed easing bets

Gold price is consolidating the three-day uptrend to a new record high above $2,480 in Asian trades on Wednesday, as buyers take a breather before resuming the winning momentum.  

Gold News

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin surpasses $65,000 mark

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin surpasses $65,000 mark

Bitcoin closes above the daily resistance level of $64,900, with Ethereum and Ripple subsequently breaking through their resistance levels, indicating an emerging bullish trend.

Read more

UK CPI set to hold steady at the BoE’s 2% target in June

UK CPI set to hold steady at the BoE’s 2% target in June

United Kingdom’s CPI report will be published by the Office for National Statistics on Wednesday. The annual UK headline and core inflation are expected to hold steady in June. The UK CPI data could revive BoE August interest rate cut bets, rocking the Pound Sterling.

Read more

Forex MAJORS

Cryptocurrencies

Signatures