The exchange rate of USDCNY is at 7.29672, while the People’s Bank of China (PBOC) has established a reference rate at 7.1733, slightly lower than the previous rate of 7.1736.

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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 Tuesday at 7.1733, compared with the previous day’s fix of 7.1736 and expectations of 7.2839.

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