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March 11, 2025

PBOC Adjusts USD/CNY Reference Rate to 7.1741

The People’s Bank of China (PBOC) announced the USD/CNY central rate for the upcoming trading session, setting it at 7.1741. This represents an adjustment from the previous day’s fixed rate of 7.1733, as well as the Reuters estimates of 7.2597.

PBOC Update

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