The US dollar to Chinese yuan exchange rate is currently at 7.27448, while the People’s Bank of China has set the reference rate at 7.1874, slightly lower than the previous rate of 7.1894.

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USDCNY Chart by TradingView

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1874, compared with the previous day’s fix of 7.1894 and expectations of 7.2784.

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