PBOC is expected to set the USD/CNY reference rate at 6.7148 – Reuters estimate
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The fixing mechanism matters most right now because of what it has been signalling over recent weeks. The PBOC set its reference rate at the widest weak side deviation from market estimates in six months in late August, after the yuan touched a three and a half year high, a clear
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Monday open indicative forex prices, 12 October 2026