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The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Monetary Policy Committee released a press release that showed notable changes in the expression regarding the exchange rate after the 4Q24 regular meeting, Chinese official media outlet Financial ...