PBoC cuts the $CNY Central Parity Rate by 278 pips to 7.1617...

Spinee wrote a post · Nov 28, 2022 03:12

PBoC cuts the $CNY Central Parity Rate by 278 pips to 7.1617 per US dollar.
The Onshore yuan $USD/CNY (USDCNY.FX)$ rapidly slide below the 7.20 mark, the weakest in the last 2 weeks.
The central bank also injects 52 billion yuan into the open market on a net basis.

$Rmb Appreciation Related (LIST1187.HK)$ $CNH/CNY (CNHCNY.FX)$ $HKD/CNY (HKDCNY.FX)$ $CNY/USD (CNYUSD.FX)$ $NASDAQ Golden Dragon China (.HXC.US)$ $Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$

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Spinee

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