• PBOC sets USD/ CNY mid-point today at 7.1931 (vs. estimate at 7.2112)

    Source: Buzz FX / 19 May 2025 20:45:33   America/Chicago


    Its been busy from China already, with rate cuts flowing in:
    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).
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