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PBOC delivers a firmer-than-expected yuan fix

PBOC delivers a firmer-than-expected yuan fix

Central Banks
Adam Button
25/09/2023 | 01:19 GMT
  • PBOC sets the yuan midpoint at 7.1727 vs prior close at 7.2980

The PBOC continues to lean against USD/CNY strength.

daily CNY
daily USD/CNY

Earlier, there was an article in the China Securities Journal saying that China's economic rebound will support the yuan.

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