Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
🇨🇳🇺🇸IMPLIED VOLATILITY IN ONE-WEEK DOLLAR/OFFSHORE YUAN $USDCNH OPTIONS REACHES 13.943 ON FRIDAY, MARKING HIGHEST LEVEL SINCE AUGUST 2015. #CHINA $CNH $USDCNY $CNY https://t.co/5SF2uQlg1q
IMPLIED VOLATILITY IN ONE-WEEK USD/CNH OPTIONS HITS HIGHEST LEVEL SINCE AUGUST 2015
PBOC SETS YUAN MID-POINT AT 7.1135 / DLR VS LAST CLOSE 7.1176
The People's Bank of China (PBOC) has set the USD/CNY reference rate at 7.1135 per USD, exceeding the previous estimate of 7.1122. This adjustment marks an increase of 115 pips from the last close of 7.1176. Additionally, implied volatility in one-week USD/CNH options has surged to 13.943, the highest level since August 2015, indicating heightened market expectations for currency fluctuations.
