China’s central bank set the yuan’s fixing at a weaker-than-expected level, a move that some analysts said may indicate a desire to slow the pace of gains after the currency climbed to a three-year high.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-31/pboc-s-weaker-daily-fixing-to-temper-yuan-gains-analysts-say)

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