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PBOC sets USD/ CNY reference rate for today at 6.7817 (vs. estimate at 6.7262)
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The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this . PBoC injects 95bn yuan through 7 day reverse repos at 1.4% over the week the net draw has been 272 bn yuan This article was written by Eamonn Sheridan at investinglive.com
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