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Becki Culton

PBOC sets USD/CNY reference rate at 7.0885 vs. 7.0867 previous

PBOC sets USD/CNY reference rate at 7.0885 vs. 7.0867 previous

2025-11-03
By: Becki Culton
On: November 3, 2025
In: Business & Finance

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0885 compared to the previous day’s fix of 7.0867 and 7.1226 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard priceContinue Reading

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