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People's Bank of China
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- 1PBOC Sets Stronger Yuan Fix Against the Dollar▼PBOC Tightens Yuan Fix as Central Bank Sets USD/CNY Rate
China's central bank, the People's Bank of China, set a firmer daily reference rate for the yuan against the US dollar, a move being read as a signal of support for the currency. The tighter fixing is drawing attention from currency traders and market watchers assessing Beijing's stance on the yuan's value.