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People’s Bank of China sets yuan reference rate at 6.6595 (vs. yesterday at 6.6786)

Discussion in 'Fundamental Analysis' started by ForexLive, Sep 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Taking a look at open market operations: - PBOC inject 150bn yuan through 7-day reverse repos - inject 70 bn yuan through 28-day reverse repos A chunky yuan revaluation (higher yuan) today

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