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People’s Bank of China sets yuan reference rate at 6.7379 (vs. Friday at 6.7157)

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 17, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    The USD/CNY set higher from the PBOC, makes sense given the USD gains Friday. It was slow today, usually a sign of a big move from the previous fix and a much higher USD/CNY.

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