Chinese Yuan strengthens against USD, with midpoint rate rising 30 pips to a new high since March 2023
2026-05-14 01:23
According to Odaily Planet Daily news, as per Gate data, the People's Bank of China set the USD/CNY midpoint rate at 6.8401, up 30 pips from the previous trading day, reaching its highest level since March 24, 2023. The previous day's midpoint rate was 6.8431, the official closing price was 6.7905, and the overnight close was 6.7903.
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