Global EconomyJuly 15 at 09:15 PM

PBoC sets USD/CNY mid-point at 6.7909 vs exp. 6.7577 (prev. 6.7910)

StockNow breaking-news AI analysis

PBoC set the USD/CNY mid-point at 6.7909, significantly higher than expected, signaling caution as China's Q2 GDP growth slowed to 4.3% amid trade uncertainties and weak domestic demand.

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