Yuan Fixing Strengthens 145 Pips on April 2 — PBOC Guides Currency Higher

Yuan Strengthens 145 Pips as PBOC Guides Currency Higher

On April 2, the PBOC set the USD/CNY central parity rate at 6.8880, strengthening by 145 basis points — reflecting the central bank's proactive guidance toward a stronger yuan amid global trade uncertainty.

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