Global EconomyJuly 23 at 09:15 PM

PBoC sets USD/CNY mid-point at 6.7939 vs exp. 6.7795 (prev. 6.7906)

StockNow breaking-news AI analysis

PBoC set the USD/CNY fix at 6.7939, weaker than expected, signaling continued resistance to rapid Yuan appreciation and a commitment to currency market stability through managed volatility.

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