Aug 22, 2022
USD/CNY fix and rate cut: 6.8198 vs. the last close of 6.8170, 1 and 5 year LPR cut by 0.5%
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.8198 vs. the last close of 6.8170. It also cut the 1 year loan prime
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