
PBOC SETS USD/CNY REFERENCE RATE AT 7.1696
PBOC SETS USD/CNY REFERENCE RATE AT 7.1696 PBOC sets the USD/CNY reference rate for today at 7.1696, lower than the estimated 7.2433. The PBOC determines the daily midpoint of the yuan under a managed floating exchange rate system. The yuan can fluctuate within a 2%