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China's Central Bank said to intervene in offshore Yuan market

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - People’s Bank of China (PBOC) has repeatedly intervened in the offshore yuan market since yesterday via state banks to crack down on speculators, according to people familiar with the matter, Bloomberg reports.
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