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PBOC sets USD/ CNY mid-point today at 6.8959 (vs. estimate at 6.8853)

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.

  • Injects 24.5bn yuan in 7-day reverse repos at 1.4% (unchanged) in open market operations

This article was written by Eamonn Sheridan at investinglive.com.

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