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Macro

China Sets Yuan Midpoint at 6.7253, 4 Pips Weaker Than Previous Fix

The People’s Bank of China set the yuan’s central parity rate at 6.7253 per dollar, 4 pips weaker than the previous fix of 6.7249. The onshore spot closed the prior session at 6.6925, while the overnight session last traded at 6.6978.

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