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Central Parity of USD/ RMB Gains 27 bps to 7.0968, Setting 1Yr High
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China Foreign Exchange Trade System (CFETS) announced on Thursday (16th) that the central parity of USD/ RMB gained 27 bps from the previous day to 7.0968, being the highest since October 15, 2024.

Related NewsExports YoY for Sep in China is 8.3%, higher than the previous value of 4.4%. The forecast was 6%.

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