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PBOC sets USD/CNY central rate at 6.6778 (vs. yesterday at 6.6860)

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    PBOC injects 130bn yuan via 7-day reverse repos Yuan strength today from the People's Bank of China. The USD was weaker since the previous mid-point set. That didn't matter last week, but seems to be back in the algo this week.

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