USDCNY @ 6.80986 – PBOC sets reference rate at 6.7730 on Tuesday
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The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.7730 on Tuesday when compared to the previous fix and the previous close at 6.7410 and 6.7750 respectively.
China’s central bank injected 2 billion yuan via 7-day reverse repos at 2.00% vs prior 2.00%.
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