Tuesday, July 27, 2021

China sets yuan midpoint at weakest in over 3 months

China sets yuan midpoint at weakest in over 3 months The People’s Bank of China (PBOC) set the midpoint at 6.4929 yuan per U.S. dollar prior to market open, 195 pips or 0.3%, weaker than the previous fix of 6.4734. It was the weakest since April 23.

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