PBOC is expected to set the USD/CNY reference rate at 6.7988 – Reuters estimate

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PBOC is expected to set the USD/CNY reference rate at 6.7988 – Reuters estimate

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The People's Bank of China (PBOC) is anticipated to set the USD/CNY reference rate at 6.7988, according to estimates by Reuters. This move will have implications for currency traders and the Asian markets.

Markets PBOC USD CNY reference rate currency trading

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