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PBOC sets USD/CNY reference rate at 7.1346 vs. 7.1364 previous
Source Fxstreet
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1346, as against the previous day's fix of 7.1364 and 7.2419 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Gold price (XAU/USD) recovers some lost ground to near $4,105, snapping the two-day losing streak during the early European session on Friday. The precious metal edges higher on the softer US Dollar (USD). Traders will take more cues from the Fedspeak later on Monday.
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