China sets yuan midpoint near 1-month low, still firmer than expected ...Middle East

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China sets yuan midpoint near 1-month low, still firmer than expected
source : Devdiscourse ( Middle East ) () 142
China's central bank set the yuan midpoint rate at a near one-month low on Wednesday, though not as weak as market forecasts - a sign investors interpreted as authorities' discomfort toward excess weakness in the local unit.

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