The PBOC is expected to set the Yuan the point at 7.2482 per USD according to Reuter esimate.
Yesterday they set the reference rates at 7.1966
This article was written by Greg Michalowski at www.forexlive.com.
The People’s Bank of China set the onshore Yuan (CNY) reference rate for the trading session ahead USDCNY is the onshore yuan. It permitted to trade plus or -2% from this daily reference rate CNH is the offshore yuan. USDCNH has no restrictions on its trading range. A significant stronger or weaker rate than expected...
Japan’s Nikkei 225 index is opening up 0.55% at 38749.56. For the trading week, the Nikkei 225 index is down -1.75% after rising 3.8% last week This article was written by Greg Michalowski at www.forexlive.com.
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