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PBOC sets USD/ CNY reference rate for today at 7.1692 (vs. estimate at 7.2386)
Source: Buzz FX / 05 Mar 2025 19:31:23 America/Chicago
Strongest for the yuan since February 6.
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 s
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