USD/CNH will set slightly higher at a rate of 7 – Rabobank USDCNY PBOC China Banks
PBoC to set interest rates slightly lower in order to stimulate the economy
“We expect the PBoC 7-day reverse repo rate and the PBoC 1-year Marginal lending facility to be at respectively 1.90% and 2.65% at the upcoming PBOC meeting of 21st of May.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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