PBOC sets USD/CNY reference rate at 7.1083 vs. 7.1086 previous

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1083, as against the previous day's fix of 7.1086 and 7.2297 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.

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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 Australian Dollar registered gains of 0.55% versus the Greenback on Monday and opened Asian Tuesday’s session with renewed strength amid falling US yields. Expectations that the Federal Reserve would ease policy in 2024 were fueled by a weaker-than-expected US business activity report. The AUD/USD trades around 0.6693.

Source: Digital Coin News (digitalcoinnews.net)

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