PBOC sets yuan reference rate at 6.5451

Anil Panchal FXStreet

The People's Bank of China (PBOC) has set the yuan reference rate at 6.5451 versus the previous day's level of 6.5236. Ahead of the release, Reuters expected 6.5441 level for today while Bloomberg eyed 6.5439 from its latest survey. The yuan is currently trading largely unchanged on the day near 6.5370 during the early Tuesday.

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Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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