• PBOC sets USD/ CNY central rate at 7.1937 (vs. estimate at 7.2133)

    Source: Buzz FX / 20 May 2025 21:40:33   America/New_York


    Earlier from China:
    The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the
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