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People’s Bank of China sets yuan reference rate at 6.5531 (vs. yesterday at 6.5216)

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    PBOC injects 85bn yuan via 7-day reverse repos CNY a lot lower today, the USD strength after the FOMC prompting a much higher USD/CNY mid point from the People's Bank of China

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