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People’s Bank of China sets yuan reference rate at 6.5531 (vs. yesterday at 6.5216)

ByEamonn Sheridan

May 19, 2016

PBOC injects 85bn yuan via 7-day reverse repos
CNY a lot lower today, the USD strength after the FOMC prompting a much higher USD/CNY mid point from the People’s Bank of China

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By Eamonn Sheridan

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