MNI: CHINA PBOC CONDUCTS CNY1.1 BLN VIA 7-DAY REVERSE REPOS WEDS
Jan-08 01:27
CHINA PBOC CONDUCTS CNY1.1 BLN VIA 7-DAY REVERSE REPOS WEDS
MNI: CHINA SETS YUAN CENTRAL PARITY AT 7.1887 WEDS VS 7.1879
Jan-08 01:26
CHINA SETS YUAN CENTRAL PARITY AT 7.1887 WEDS VS 7.1879
CNH: USD/CNY Fixing Error To Fresh Wides
Jan-08 01:19
The USD/CNY fixing printed at 7.1887, versus the Bloomberg market consensus of 7.3415.
The fixing error widened to -1528pips, fresh wides going back to early April of last year.
The fixing has remained very steady and close to 7.1900, despite a rebound in USD indices over the past 24 hours. Today's upside limit on spot USD/CNY is around 7.3325.
USD/CNH has drifted a little higher so far today, but is within recent ranges, last near 7.3435/40.
Note coming up in around 40mins is the onshore briefing for the consumer trade in program.