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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

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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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