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PBOC sets USD/CNY mid-point today at 6.6255 (vs. yesterday at 6.6530)

ByEamonn Sheridan

Aug 11, 2016

PBOC inject 100bn yuan through 7-day reverse repos in open market operations (OMOs) today
Stronger fixing for the CNY today (against the USD)
–
it was a year ago today the PBOC sharply devalued the yuan at the daily fix. Not today though!

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By Eamonn Sheridan

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