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The People’s Bank of China sets the onshore yuan (CNY) reference rate for the trading session ahead.
– USD/CNY is permitted to trade plus or minus 2% from this daily reference rate.
This is the strongest the onshore yuan has been set at bu the PBOC at the daily reference rate since March 3.
Search Web: PBOC sets USD/ CNY central rate at 6.4672 (vs. yesterday at 6.4715)
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