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PBOC sets USD/ CNY central rate at 7.1937 (vs. estimate at 7.2133)
Source: Buzz FX / 20 May 2025 20:40:33 America/Chicago
Earlier from China:
The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the
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