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PBOC sets USD/CNY reference rate at 7.1091 vs. 7.1102 previous
Source Fxstreet
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1091, as against the previous day's fix of 7.1102 and 7.2367 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
The Pound Sterling faces selling pressure against its major currency pairs on Friday after the release of the UK Gross Domestic Product and factory data for July.
The US Dollar stabilizes following Thursday's decline as market focus shifts to the University of Michigan's (UoM) preliminary Consumer Sentiment Index data for September.
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