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MNI: PBOC Yuan Parity Lower At 7.0899 Monday; -10.12% Y/Y

MNI (Singapore)
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The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 7.0899 on Monday, compared with 7.1907 set on Friday, marking the biggest daily rise (1.40%) since FX reform in 2005.

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The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 7.0899 on Monday, compared with 7.1907 set on Friday, marking the biggest daily rise (1.40%) since FX reform in 2005.

USD-CNY

Keep reading...Show less