The People’s Bank of China (PBOC) adjusted its daily reference fixing for the USD/CNY exchange rate on Tuesday morning, setting it at 6.7804. This represents a minor weakening of the Yuan compared to the previous day's official fixing of 6.7795. However, the rate came in noticeably higher than the market estimate compiled by Reuters, which stood at 6.7104, reflecting central bank efforts to manage currency stability amid broader macroeconomic conditions.
