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PBOC Fixes Yuan Mid-Point Against USD at 6.8171

Adel 29 September, 2020 10:38 am Market Update

People Bank of China fixed the Yuan Mid-Point against the US dollar At 6.8171 (est 6.8133).

China’s central bank is also to inject 100 bln yuan via 14-day reverse repos.

The fixing restricts the onshore yuan’s daily moves to 2% on either side of it

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