PBOC sets USD/ CNY reference rate for today at 6.8946 (vs. yesterday at 6.8856) - ConsultFX

PBOC sets USD/ CNY reference rate for today at 6.8946 (vs. yesterday at 6.8856)

This is the onshore yuan central rate for trading today. - The PBOC allows a plus or minus 2% band for trade in CNY from here - CNH (offshore yuan) is not limited by the band … its a lot higher than 6.8946 ….