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PBoC does not intend to devalue the CNY currency for trade advantages; keeps market as main influencer in Yuan exchange rate

StockNow breaking-news AI analysis

The PBoC was reported as rejecting devaluation for trade advantage and describing the market as the main yuan exchange-rate influencer; IMF FX-operation reporting is planned for 2027.

News detail

To begin reporting FX operation data to the IMF in 2027.

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