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People’s Bank of China sets yuan reference rate at 6.6891 (vs. yesterday at 6.6950)

ByEamonn Sheridan

Jul 13, 2016

People’s Bank of China sets the USD/CNY mid-point for today
It permits the market to trade USD/CNY plus or minus 2% of this reference rate
Also … In Open Market operations today, injects 30bn yuan via 7-day reverse repos

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By Eamonn Sheridan

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