“US Stocks Soar: Market Closes at 6.9481, Outperforming Last Close at 6.949”

The People’s Bank of China (PBOC), China’s central banking institution, recently set the yuan at 6.9481 against the US dollar, compared to its last close of 6.5 and against an estimate of 6.9472. It is important to analyze this change and understand its impact on the market, as well as comprehend the significance of the […]