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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

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    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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