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The offshore yuan strengthened to around 6.68 per dollar on Tuesday, extending its winning streak to a fourth straight session and hitting its strongest level since June 2022, as stronger economic growth reduced the urgency for further monetary easing. The PBoC kept the one-year LPR unchanged at 3% and the five-year ra
The yuan held steady in onshore and offshore trading after mainland markets reopened from a long holiday. The PBOC set the USD/CNY fixing at 6.7367, compared with 6.7351 on Sept. 30.