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PBOC sets USD/CNY central rate at 6.6195 (vs. yesterday at 6.6451)

Discussion in 'Fundamental Analysis' started by ForexLive, Aug 3, 2016.

  1. ForexLive

    ForexLive Forum Member

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    PBOC inject 55bn yuan through 7-day reverse repos in open market operations (OMOs) today Yesterday the PBOC devalued the CNY for the first time in 6 days, but today they've followed that with a big revaluation

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