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PBoC sets USD/CNY reference rate at 7.1059 vs. 7.2011 Reuters estimates
Source Fxstreet
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1059 as compared to 7.2011 Reuters estimates.
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Gold price (XAU/USD) is gaining positive traction for the third consecutive day on Friday and approaching the top end of its weekly range amid rising trade tensions.