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People’s Bank of China sets yuan reference rate at 6.4700 (vs. yesterday at 6.4787)

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 19, 2016.

  1. ForexLive

    ForexLive Forum Member

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    In Open Market operations, PBOC injects 90bn yuan via 7-day reverse repos - A slight strengthening of the CNY against the USD again today The yuan against the PBOC basket is still falling though (chart of the index up to last Friday):

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