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People’s Bank of China (PBOC) sets yuan reference rate at 6.5284

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    On Thursday the bank strengthened the yuan a little, setting the mid-point for USD/CNY at 6.5412 And another yuan strengthening today (i.e lower USD/CNY). It's the biggest yuan jump for nearly 3 weeks.

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