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PBoC sets USD/CNY mid-point at 6.7917 vs exp. 6.7595 (prev. 6.7898)

StockNow breaking-news AI analysis

PBoC set the USD/CNY mid-point at 6.7917, notably weaker than the expected 6.7595. This continues a trend of resisting rapid Yuan appreciation through higher-than-expected daily fixes.

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