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People’s Bank of China sets yuan reference rate at 6.6375 (vs. Friday at 6.5776)

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 27, 2016.

  1. ForexLive

    ForexLive Forum Member

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    PBOC injects 270bn yuan via 7-day reverse repos Huge weakening of the CNY against the USD from the bank today - Also, as of Friday the RMC index (set by CFETS) was lower, at 95.29.

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