Global Economy

PBoC sets USD/CNY mid-point at 6.7888 vs exp. 6.7470 (prev. 6.7882)

StockNow breaking-news AI analysis

PBoC set the USD/CNY fixing at 6.7888, weaker than the 6.7470 market expectation, while signaling a moderately loose monetary policy and commitment to exchange rate stability.

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