PBOC sets Yuan central parity at 6.4905 Fri vs 6.5127 last

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Friday, the Chinese central bank, PBOC, set the USD/CNY reference rate at 6.4905 versus 6.5127 Thursday close, halting the recent devaluation spree and marking the strongest yuan fix so far this year.
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