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PBoC sets USD/CNY mid-point at 6.7933 vs exp. 6.7737 (prev. 6.7917)

StockNow breaking-news AI analysis

PBoC set the USD/CNY mid-point at 6.7933, significantly higher than the 6.7737 expectation. This signal suggests the central bank is managing currency volatility and potentially guiding Yuan weakness.

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