PBOC raises the $CNY Central Parity Rate by 638 pips to 6.97...

Chinese stocks: Best opening in years with 80% rally

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Spinee joined discussion · Dec 6, 2022 08:58

PBOC raises the $CNY Central Parity Rate by 638 pips to 6.9746 per US dollar on Tuesday, the highest one since September 21.
The central bank drains 78 billion yuan from the open market as 80 bln yuan comes due today.

$CNY/USD(CNYUSD.FX)$ $USD/CNY(USDCNY.FX)$ $BANK OF CHINA(03988.HK)$ $Hang Seng Index(800000.HK)$ $Hang Seng TECH Index(800700.HK)$ $BABA-SW(09988.HK)$

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