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PBOC sets USD/ CNY reference rate for today at 7.2133 (vs. estimate at 7.3272)
Source: Buzz FX / 15 Apr 2025 21:30:22 America/New_York
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 value of the yuan t
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