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People’s Bank of China sets yuan reference rate at 6.6971 (vs. yesterday at 6.6961)

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    PBOC injects 60bn yuan via 7-day reverse repos Here's the CNY basket, showing Friday's slight uptick in the value of the yuna: Is the downtrend over? No (IMO). But some forecasters are saying it is ... I'll be back with more on this in a few minutes.

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