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China's yuan eased against the dollar as the central bank set a weaker guidance rate for the first time in 11 sessions, signaling caution over currency appreciation amidst growing trade tensions with Europe. The People's Bank of China's move reflects concerns about slowing Chinese exports, while the dollar index rose for a third consecutive day, nearing an eight-week high. This dollar strength could exert downward pressure on international gold prices and potentially influence the USD/PKR exchange rate.

بحوالہ / Source: www.brecorder.com