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Tag: People’s Bank of China (PBOC)

China lifted its official yuan midpoint guidance fix for the first time in seven days, to reflect broad dollar weakness in global markets.
Business
  • Reuters
  • Apr 11, 2025
China lifts yuan midpoint guidance for first time in seven days to reflect dollar weakness

In overseas markets, the dollar fell against its major peers as markets digested President Donald Trump’s dramatic reversal on tariffs.

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