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Central Parity of USD/ RMB Atop 7 Sets 2.5Yrs+ High, Up 90 bps to 6.9929
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China Foreign Exchange Trade System (CFETS) announced on Friday (23rd) that the central parity of USD/ RMB breached the 7 mark, up 90 bps from the previous day to 6.9929, setting an over-2.5-years high.

Related NewsGDP Growth Rate QoQ for Q4 in China is 1.2%, higher than the previous value of 1.1%. The forecast was 1%.

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