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Forex News

People’s Bank of China sets yuan reference rate at 6.7379 (vs. Friday at 6.7157)

ByEamonn Sheridan

Oct 17, 2016

The USD/CNY set higher from the PBOC, makes sense given the USD gains Friday. It was slow today, usually a sign of a big move from the previous fix and a much higher USD/CNY.  

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