“Dollar Rises to 6.9323: 6.9237 Takes the Last Close! Impressive Jump in Forex Market!”
China’s central bank, the People’s Bank of China (PBOC) sets the yuan’s exchange rate on the mainland using strict control measures, given that the onshore yuan (CNY) differs from the offshore one (CNH) in trading restrictions. The offshore yuan is not as tightly controlled as the onshore yuan. Each morning, the PBOC sets a daily […]