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PBOC sets USD/ CNY reference rate for today at 6.7188 (vs. estimate at 6.6799)

FxGain News Newsdesk · · reported by 1 source

PBOC sets USD/ CNY reference rate for today at 6.7188 (vs. estimate at 6.6799)

What we know so far

investingLive (Nov 9, 07:23): The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. People's Bank of China injected 182 billion yuan of overnight reverse repurchase operations, @1.25%net drain is 44bn yuan This article was written by Eamonn Sheridan at investinglive.com.

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