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PBOC sets USD/CNY central rate at 6.8993 (vs. yesterday at 6.8889)

ByEamonn Sheridan

Mar 31, 2017

People’s Bank of China skipping open market operations again today
– Citing a high level of liquidity
By foregoing OMOs today the bank has net drained 30bn yuan (due to maturing notes)

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By Eamonn Sheridan

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