USD/CNY fix: 6.3580 vs the estimate of 6.3235

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USD/CNY fix: 6.3580 vs the estimate of 6.3235
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USD/CNY fix: 6.3580 vs the estimate of 6.3235 By ross_burland USDCNY PBOC Currencies

In recent trade today, the People’s Bank of China set the yuan at 6.3580 vs the estimate of 6.3235.The onshore yuan differs from the offshore one in trading restrictions, this last one is not as tightly controlled.

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