The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1703 as compared to the previous day's fix of 7.1886 and 7.2888 Reuters estimates.
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The Postal Service announced back in November that it was recommending “new competitive” prices for this year, and that means that some services could see rate hikes as soon as Jan.
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