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PBoC sets USD/CNY mid-point at 6.7900 vs exp. 6.7497 (prev. 6.7884)

StockNow breaking-news AI analysis

PBoC fixed USD/CNY at 6.7900, weaker than expectations. This occurs amid a rising U.S. Dollar Index (99.76) and anticipation of key U.S. inflation data (CPI/PPI) scheduled for later this week.

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