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November 15, 2024

PBOC sets USDCNY midpoint at 7.1992 vs est 7.2482 (Previous 7.1966)

The People’s Bank of China set the onshore Yuan (CNY) reference rate for the trading session ahead USDCNY is the onshore yuan. It permitted to trade plus or -2% from this daily reference rate CNH is the offshore yuan.

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