PBOC sets USD/ CNY central rate at 6.8642 (vs. yesterday at 6.8571) - ConsultFX

PBOC sets USD/ CNY central rate at 6.8642 (vs. yesterday at 6.8571)

Onshore yuan reference rate for Thursday's session - USD/CNY can vary +/- 2% from the mid rate The Federal Reserve hiked rates overnight (ummm …. ICYMI.... ) but the PBOC is not expected to lift its short term rates (they haven't today). The threat on growth from the trade war (reduced exports) will keep the Bank on