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People’s Bank of China sets yuan reference rate at 6.6727 (vs. yesterday at 6.6784)

ByEamonn Sheridan

Sep 2, 2016

PBOC injects 30bn yuan via 7-day reverse reposand injects 10bn yuan via 14-day reverse repos 
A tiny wee strengthening of the CNY against the USD today
For the week the PBOC drained a net 173.5bn yuan

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By Eamonn Sheridan

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