The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.Previous close was 6.7752more to come Earlier:China holds loan prime rates steady as growth slows and yuan firms. 1-year LPR at 3.0%, 5-year at 3.5%Moonshot pauses Kimi K3 signups as chip stocks tumble on China AI fears This article was written by Eamonn Sheridan at investinglive.com.