Select Language

PBOC sets USD/CNY reference rate at 7.1883 vs. 7.1878 previous

Breaking news

PBOC sets USD/CNY reference rate at 7.1883 vs. 7.1878 previous

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.01.15 10:16
PBOC sets USD/CNY reference rate at 7.1883 vs. 7.1878 previous

update 2025.01.15 10:16

On Wednesday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1883 as compared to the previous day's fix of 7.1878 and 7.3240 Reuters estimates.


Date

Created

 : 2025.01.15

Update

Last updated

 : 2025.01.15

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

US Dollar retreats for third day in a row ahead of US CPI inflation

The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, extends its correction from a two-year high above 110.00 reached on Monday and trades near 109.10 at the time of writing on Wednesday.
New
update2025.01.15 20:53

USD/CNH: Upward momentum is beginning to fade - UOB Group

Momentum indicators are turning flat, suggesting further range trading, probably in a range of 7.3380/7.3580. Upward momentum is beginning to fade; a breach of 7.3250 would suggest that 7.3700 is not coming into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.01.15 19:57

USD/JPY: Current price movements are likely part of a consolidation phase - UOB Group

Further range trading seems likely, probably between 157.30 and 158.30. In the longer run, current price movements are likely part of a consolidation phase, expected to be between 156.50 and 158.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.01.15 19:43

Gold recovers ahead of US CPI inflation data

Gold's price (XAU/USD) recovers initial weekly losses and edges higher for the second day in a row, trading in the $2,680s on Wednesday, after a softer-than-expected United States (US) Producer Price Index (PPI) release the previous day triggered substantial easing in US yields.
New
update2025.01.15 19:42

USD/CHF Price Forecast: Trades cautiously near 0.9100 ahead of US inflation data

The USD/CHF pair trades with caution slightly above the key support of 0.9100 in Wednesday's European session.
New
update2025.01.15 19:41

US CPI inflation set to rebound in December, core to remain high

The US Consumer Price Index (CPI) report for December, a critical gauge of inflation, is set to be released on Wednesday at 13:30 GMT, courtesy of the Bureau of Labor Statistics (BLS).
New
update2025.01.15 19:30

NZD/USD: To trade most likely between 0.5570 and 0.5835 - UOB Group

New Zealand Dollar (NZD) is expected to trade in a range, most likely between 0.5570 and 0.5835. Whippy price action has resulted in a mixed outlook; for the time being, NZD could trade in a sideways range of 0.5540/0.5650, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.01.15 19:22

AUD/USD: Likely to trade in a higher range of 0.6170/0.6215 - UOB Group

Slight increase in upward momentum is likely to lead to a higher trading range of 0.6170/0.6215. Australian Dollar (AUD) is expected to trade in a range, probably between 0.6130 and 0.6240, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.01.15 19:15

GBP: Slower UK inflation should ease pressure on gilts - ING

Finally, some good news for the gilt market. December's UK inflation - released this morning - slowed more than expected. Services CPI, which is what the Bank of England is mostly focused on, came in at 4.4% versus the consensus of 4.8%.
New
update2025.01.15 19:09

Eurozone Industrial Production steadies at 0.2% MoM in November vs. 0.3% expected

Eurozone's industrial sector activity showed steady performance in November, the latest data published by Eurostat showed on Wednesday.
New
update2025.01.15 19:06

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel