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🖥️YUAN STABILIZES AT 7.28 DOLLAR

🖥️YUAN STABILIZES AT 7.28 DOLLAR

Day: 08 | Time: 07:40:15 The offshore yuan currency has stabilized at 7.28 per dollar following a strategic move by the People's Bank of China. The bank introduced temporary bond repurchase agreements to better control interest rates and manage liquidity conditions. This effort is expected to provide the central bank with greater flexibility in managing interest rates. Meanwhile, investors are gearing up for an intense week with the release of key economic indicators that will provide further insights into China's economic trajectory.