PBOC Sets USD/CNY Fix at 6.8880; Small Liquidity Tap PBOC set USD/CNY fix at 6.8880 on 02 Apr 2026 and injected Rmb500m in 7-day reverse repos at 1.4%; watch for cumulative fixes as the real signal.

PBOC Sets USD/CNY Fix at 6.8880; Small Liquidity Tap: PBOC set USD/CNY fix at 6.8880 on 02 Apr 2026 and injected Rmb500m in 7-day reverse repos at 1.4%; watch for cumulative fixes as the real signal. 👈 Read full analysis #PBOC #USD_CNY #Forex #ChinaEconomy #FinanceNews

Goldman Sachs has raised its forecast for China's yuan Goldman Sachs forecasts USD/CNY to dropping to * 7.20 in 3 months * 7.10 in six months * 7 over the next 12 months Goldman Sachs sees China's exports remaining strong. * “The undervalued levels of the currency, both on a real trade-weighted basis but especially versus the dollar, all point to the possibility for a stronger onshore yuan as a potential offset to tariff reductions” Info comes via a Bloomberg (gated) piece on a GS note on Friday. This article was written by Eamonn Sheridan at www.forexlive.com.

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