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The People’s Bank of China set the onshore yuan reference rate for the trading session ahead.
– The previous close was 6.5655
– Reuters estimate from their survey was 6.5627, Bloomberg 6.5652 …. (A rate that’s significantly stronger or weaker than expected is typically considered a signal from the PBOC.)
Search Web: PBOC sets USD/ CNY mid-point today at 6.5649 (vs. yesterday at 6.5584)
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