• PBOC is expected to set the USD/CNY reference rate at 7.3466 - Reuters estimate

    Source: Buzz FX / 22 Apr 2025 19:31:25   America/Chicago


    While the rate will be 1200 or so points lower than this model estimate its bumped up subsatnaitlly today given the Trump boost for the US dollar:
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    People's Bank of China USD/CNY reference rate is due around 0115 GMT.
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