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First reported by FXStreet
PBOC sets USD/CNY reference rate at 6.7989 vs. 6.8036 previous

Yuan climbs to one-week high as PBOC sets stronger fixing, dollar eases

SHANGHAI: The Chinese yuan firmed to a one-week high against the US dollar on Friday, buoyed by a stronger central bank fixing and a softer greenback, though analysts expect the currency to remain…

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