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PBOC sets USD/CNY at 6.5636, relief for markets?

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - Following Thursday's Yuan devaluation - USD/CNY fix caused panic selling in Chinese stock markets-, today's PBOC USD/CNY sets USD/CNY at 6.5636 vs 6.5646 last. Not a amjor change from the close, which should see a relief for markets.
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