PBoC sets USD/CNY reference rate at 7.1030 vs 7.2284 previous

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The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1030 as compared to the previous day's fix of 7.1011 and 7.2284 Reuters estimates.

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Monday at 7.1030 as compared to the previous day's fix of 7.1011 and 7.2284 Reuters estimates.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.The AUD/USD pair posts modest gains around 0.6605 during the early Asian session on Monday. Investors await the key US economic data this week for fresh catalysts, including the Consumer Price Index, Producer Price Index, and Retail Sales. EUR/USD trades on a softer note around 1.0770 during the Asian trading hours on Monday.

Source: Digital Coin News (digitalcoinnews.net)

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