The China Foreign Exchange Trade System announced on Monday (27th) that the central parity rate of RMB against the USD was raised by 95 bps on a daily basis to 6.8579 per USD, marking the highest level since March 24, 2023. (mn/j)Related NewsOutstanding Loan Growth YoY for Apr in China is 5.6%, lower than the previous value of 5.8%. The forecast was 5.8%.
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