The People’s Bank of China (PBOC) has set the yuan reference rate at 6.7675 on Thursday, having raised the mid-point rate by 397 basis points to 6.7825 on Wednesday.

The People’s Bank of China (PBOC) has set the yuan reference rate at 6.7675 on Thursday, having raised the mid-point rate by 397 basis points to 6.7825 on Wednesday.
Tags PBOC
China’s recent escalation in rare earth export controls has sent shockwaves through global markets, tightening …