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China lowers yuan midpoint to 3-week low; CFETS basket index at highest since 2016

Reuters2021-07-14

SHANGHAI, July 14 (Reuters) - China's central bank on Wednesday set its official yuan midpoint at a near three-week low, while its value against its major trading partners jumped to the highest since early 2016.

The People's Bank of China (PBOC) set the midpoint at 6.4806 yuan per dollar prior to the market open, 49 pips, weaker than the previous fix of 6.4757. It was the weakest since June 24.

The weaker fixing, however, has pushed China's trade-weighted yuan basket index to 98.45, the highest since March 16, 2016, according to Reuters' calculation based on official data.

(Reporting by Winni Zhou and Andrew Galbraith; Editing by Himani Sarkar)

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评论14

  • BINGG
    ·2021-07-14
    Hi
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  • Soksok
    ·2021-07-14
    Good 
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  • Ak91
    ·2021-07-14
    Pls like 
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  • 3a659396
    ·2021-07-14
    Like and comment
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  • 冲冲高
    ·2021-07-14
    Like
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  • MrMrsBean
    ·2021-07-14
    Plz like and comment. Thanks
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  • Stormdust23
    ·2021-07-14
    hi
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    • Soksok
      Like
      2021-07-14
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  • ccwak
    ·2021-07-14
    Great
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    • Acestars
      yea
      2021-07-14
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  • lucas5763
    ·2021-07-14
    [财迷] [财迷] [财迷] [财迷] 
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    • ccwak
      This will move the markets
      2021-07-14
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  • StayHome
    ·2021-07-14
    Will US also lower it’s dollar ?
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    • tig2021
      Is USD linked to any currency?
      2021-07-14
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  • MinkyHuat
    ·2021-07-14
    Like and comment please 
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    • hohok
      ok!
      2021-07-14
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    • Vionanana
      Ok
      2021-07-14
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    • MinkyHuat
      Thanks
      2021-07-14
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    查看更多 1 条评论
  • lowniu
    ·2021-07-14
    Good!!
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  • Jerronlyq
    ·2021-07-14
    Good I like
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    • MinkyHuat
      Yup me too
      2021-07-14
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  • Ashish
    ·2021-07-14
    Pls like..
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    • MinkyHuat
      Yes ok
      2021-07-14
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