✉news BusinessBanking first seen 3 h ago, last 32 min ago, peak #16
PBOC expected to set yuan midpoint at 6.7085
Original: PBOC is expected to set the USD/CNY reference rate at 6.7085 – Reuters estimate
China's central bank is expected to set the US dollar/yuan daily reference rate at 6.7085, according to a Reuters estimate. The daily midpoint fixing from the People's Bank of China is closely watched by currency traders as a signal of official policy toward the renminbi, and any deviation from expectations can move Asian currency and equity markets.
Why now: Traders are watching the daily yuan fixing for signals on Chinese currency policy and its impact on broader markets.
People's Bank of ChinaReutersyuanUS dollar
Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 32 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/177777