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The estimate for the PBoC USD/CNY reference rate setting today is above 7 again

Eamonn Sheridan
26/09/2022 | 00:33 GMT

Reuters estimate for the People's Bank of China USD/CNY reference rate is 7.0019.

The mid rate will be set at 0115 GMT.

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Earlier post:

  • ICYMI - ADB said capital controls could be used by China to counter weakening yuan

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USD/CNH is way above 7:

usdcnh above 7 26 September 2022

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