USD/CNY fix: 7.2472 vs. last close 7.2890 – by fx_ross USDCNY PBOC Currencies
In recent trade today, the People’s Bank of China set the yuan at 7.2472 vs the last close of 7.2890.The onshore yuan differs from the offshore one in trading restrictions, this last one is not as tightly controlled.
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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PBOC’s Yi: Will be able to maintain normal monetary policy and positive interest ratesPeople’s Bank of China (PBOC) Governor Yi Gang said on Wednesday, the central bank “will be able to maintain a normal monetary policy and positive int
Read more »
Tesla closes its first showroom in China in retail strategy shift - sourcesElectric vehicle giant Tesla has closed what had been its flagship showroom in China as the company adjusts its sales and service strategy in its second-largest market, two people with knowledge of the matter said.
Read more »
Breakingviews - China investors desperately seek market bottomThe Hang Seng index closed up 5% on Tuesday after a rumour that Beijing may relax Covid controls. Buying on internet scuttlebutt seems reckless. Yet Hong Kong-listed shares are so beaten up that it narrows the odds, says petesweeneypro
Read more »
BHP warns of inflation risks in 2023, says China demand to stabilizeThe mining industry has been weighed down this year since the Russian invasion of Ukraine by a supply bottleneck that sparked off inflation.
Read more »
China fishing fleet defied U.S. in standoff on the high seasThis summer, as China fired missiles off Taiwan to protest Nancy Pelosi’s visit to the island, a much different kind of geopolitical standoff was taking shape in another corner of the Pacific…
Read more »