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China set the yuan fix at ¥7.0358 per dollar, 301 pips weaker than market estimates
On Friday, the People’s Bank of China announced that it has set the yuan’s daily fix at ¥7.0358 per dollar, which is 301 pips ...
China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...
The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers, before the opening of the interbank market each business day.
SHANGHAI - China's onshore yuan broke through the key psychological level of seven to the dollar on Tuesday for the first time in 2-1/2 years, despite a weaker midpoint set by the central bank, as ...
SHANGHAI: China’s yuan was little changed on Monday, trading in a tight band near a 14-month high after the central bank ...
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