PBOC’s Ruan: Will strengthen the flexibility of the yuan exchange rate (Pivot Orderbook analysis)

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PBOC’s Ruan: Will strengthen the flexibility of the yuan exchange rate (Pivot Orderbook analysis)

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    Ruan Jianhong, head of the People’s Bank of China’s (PBOC) Statistics and Analysis Department, said on Friday, “we will strengthen the flexibility of the yuan exchange rate.”

    USD/CNY was last seen trading at 6.9009, down 0.07% on a daily basis.

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