MNI: CHINA PBOC CONDUCTS CNY166.7 BLN VIA 7-DAY REVERSE REPO MON
Mar-31 01:21
CHINA PBOC CONDUCTS CNY166.7 BLN VIA 7-DAY REVERSE REPO MON
CNH: USD/CNY Fixing Edges Up, USD/CNH Little Impacted
Mar-31 01:18
The USD/CNH fix printed at 7.1782, versus a BBG market consensus of 7.2644.
The fix was set higher than Friday's outcome (7.1752). It remains within recent ranges though (March 25 recorded a 7.1788 fixing).
The fixing error was little changed at -862pips.
USD/CNH has drifted lower in the first part of Monday dealings, the pair last near 7.2630/35. Broader USD indices are weaker, led by yen gains, as markets see risk off amid US tariff/growth fears.
CHINA SETS YUAN CENTRAL PARITY AT 7.1782 MON VS 7.1752
Mar-31 01:16
CHINA SETS YUAN CENTRAL PARITY AT 7.1782 MON VS 7.1752