PBOC sets USD/CNY reference rate at 7.1148 vs. 7.1149 previous

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The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1148, as against the previous day's fix of 7.1149 and 7.2494 Reuters estimates.

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1148, as against the previous day's fix of 7.1149 and 7.2494 Reuters estimates.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.The AUD/USD pair snaps the three-day losing streak near 0.6615 on Tuesday during the early Asian session. The weaker US Dollar provides some support to the pair. Investors will closely monitor the Reserve Bank of Australia interest rate decision and Governor Michele Bullock’s press conference. EUR/USD recovered to 1.

Source: Digital Coin News (digitalcoinnews.net)

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