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PBOC is expected to set the USD/CNY reference rate at 6.9773 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 6.9773 – Reuters estimate

Central Banks
Eamonn Sheridan
06/12/2022 | 00:18 GMT

The yuan has surged since the easing of coronavirus restrictions in China and the country inches towards reopening.

PBOC CNY reference rate is due around 0115 GMT.

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