PBOC Fixes the USD/CNY Reference Rate at 6.7114 points on Thursday

On Thursday, the People’s Bank of China(PBOC) fixed the USD/CNY reference rate at 6.7114 points in comparison

June 30, 2022 - 12:30 PM 234 views

PBOC Fixes the USD/CNY Reference Rate at 6.7114 points on Thursday

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© PBOC Fixes the USD/CNY Reference Rate at 6.7114 points on Thursday

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On Thursday, the People’s Bank of China(PBOC) fixed the USD/CNY reference rate at 6.7114 points in comparison  with the preceding day’s fix and the preceding day’s trade was closed at 6.7035 and 6.7000 points subsequently.

The central bank of China infused 80 billion Yuan currency through seven-day reverse repos at a lower 2.10 percent rate than before.

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