The central parity rate of the yuan against the US dollar has risen to 6.8917, its highest level sin

Yuan Fixing Hits Strongest Level Since April 2023 as PBOC Lifts Parity 65 Pips to 6.8917

The yuan just notched a new milestone. The PBOC set the daily fixing at 6.8917 per dollar—65 pips stronger than the previous session and the highest since April 25, 2023. A quiet but notable signal.

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