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PBoC sets USD/CNY mid-point at 6.7917 vs exp. 6.7706 (prev. 6.7948)

StockNow breaking-news AI analysis

PBoC set a weaker-than-expected USD/CNY fixing at 6.7917 to support exports following a 4.3% 2Q GDP slowdown, signaling potential counter-cyclical adjustments to stabilize the economy.

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