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People’s Bank of China sets yuan reference rate at 6.5120 (vs. Friday's 6.4898)

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 25, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    PBOC injects 180bn yuan via 7-day reverse repos in Open Market operations today. USD/CNY setting today puts the yuan at its weakest since the 28th of March. I have no recollection March 28 - I was in a chocolate-induced haze for about a week then.

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