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PBOC sets USD/CNY reference rate at 7.1738 vs. 7.1740 previous

Summary by FXStreet
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1738 as compared to the previous day's fix of 7.1740 and 7.2873 Reuters estimates.
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PBOC sets USD/CNY reference rate at 7.1738 vs. 7.1740 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1738 as compared to the previous day's fix of 7.1740 and 7.2873 Reuters estimates.

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World Stock MarketWorld Stock Market

The PBOC sets the reference type of the USD/CNY in 7,1738 compared to the previous 7,1740 - World Stock Market

The Popular Bank of China (PBOC) established the USD/CNY central rate for Friday’s negotiation session at 7,1738 compared to the FIX of the previous day of 7,1740 and 7,2873 according to Reuters estimates. PBOC FAQS What does the Popular Bank of China do? The main monetary policy objectives of the Popular Bank of China (PBOC) are safeguarding price stability, including exchange rate stability, and promoting economic growth. The Central Bank of…

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World Stock Market broke the news in on Friday, February 28, 2025.
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