USD/CNY fix: 6.9396 vs. an estimate of 6.9488

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USD/CNY fix: 6.9396 vs. an estimate of 6.9488
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USD/CNY fix: 6.9396 vs. an estimate of 6.9488 – by fx_ross USDCNY PBOC Currencies

In recent trade today, the People’s Bank of China set the yuan at 6.9396 vs. the estimate of 6.9488.The onshore yuan differs from the offshore one in trading restrictions, this last one is not as tightly controlled.

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