July 26, 2022 - 11:35 AM 325 views
The People's Bank of China (PBOC) fixed the Yuan (CNY) at.7483 in today's most recent transaction, Vs the previous close of 6.7520 and the estimate of 6.4790.
About the Fixation
On the mainland, China maintains tight control over Yuan exchange rates.
The offshore Yuan (CNH), which is less heavily regulated than the onshore Yuan (CNY), has different trading regulations.
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