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PBOC sets yuan reference rate for today at 6.5106

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 9, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Yesterday's USD/CNY mid point was set at 6.5041, continuing the run of higher yuan settings. - A slightly softer setting for yuan today though There have been plenty expecting the People’s Bank of China to devalue the yuan, like today for example:

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