Global Economy
PBoC sets USD/CNY mid-point at 6.7989 vs exp. 6.7931 (prev. 6.8036); strongest midpoint since February 2023
StockNow breaking-news AI analysis
PBoC's 6.7989 yuan fixing is the strongest since early 2023 but remains weaker than market expectations, signaling official efforts to curb rapid appreciation and maintain currency stability amidst high foreign demand.
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