PBOC sets USD/CNY reference rate at 6.8096 vs. 6.8108 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.8096 compared to the previous day's fix of 6.8108 and 6.7659 Reuters estimate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRPL surpasses Ethereum in tokenized commodity market cap with $2.2 billion inflow
Bessant Reiterates "Debt Reduction" Tune, Market Observers: Vision Is Not a Plan
U.S. Treasury Secretary Yellen stated that sustained GDP growth of over 3% would help lower the debt-to-GDP ratio. Market participants believe that with high deficits, economic growth alone cannot fundamentally resolve the issue. To achieve Yellen's goal of reducing the deficit to 3% of GDP, U.S. economic growth would need to reach 4.5%. Furthermore, the decision-making power over fiscal policy lies with Congress, not the Treasury Department.
Mysten Labs, Google Cloud Unveil Verifiable Agent Arbiter for AI Agents
Bitcoin steady near $86,000 as S&P 500, Nasdaq reach new record highs
Crypto prices
More
