$659,191,000,000 Bank Says Foreign Exporters No Longer Want To Be Paid in Dollars, Preferring Euros, Chinese Renminbi, Canadian Dollar and Mexican Peso: Report
EXOTIC
$659,191,000,000 Bank Says Foreign Exporters No Longer Want To Be Paid in Dollars, Preferring Euros, Chinese Renminbi, Canadian Dollar and Mexican Peso: Report
Goldman Sachs: Upgrades CNY forecasts, now sees USD/CNY at 7.00 in 12 months
PBOC is expected to set the USD/CNY reference rate at 7.2670 – Reuters estimate
UBS forecast USD/CNY to hit 7.5 by June 2025
PBOC is expected to set the USD/CNY reference rate at 7.2994 – Reuters estimate
USD/CNY pushes above 7.30 for the first time since late 2023