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People’s Bank of China sets yuan reference rate at 6.6472 (vs. Friday at 6.6496)

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

  1. ForexLive

    ForexLive Forum Member

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    PBOC injects 90bn yuan via 7-day reverse repos USD/CNY little changed today, yuan marginally stronger against the USD The latest RMB fix against its basket is at 94.88, continuing the weaker yuan trend, its lowest since December.

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