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The central bank has set today's yuan mid-point rate at 7.0288 versus the dollar, marking a notable shift from yesterday's close of 6.9940. This represents a depreciation of the Chinese currency, a move that traders closely watch given its ripple effects on the broader market landscape. Such adjustments in the USD/CNY pair often influence crypto liquidity flows and trading dynamics across major exchanges, especially for users monitoring stablecoin peg stability and cross-border transaction costs. The widening gap reflects ongoing currency market pressures and macroeconomic conditions affecting Asia's largest economy.