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People’s Bank of China (PBOC) sets yuan reference rate at 6.1521 (vs. prior set at 6.1490)

Below is an article titled peoples bank of china pboc sets yuan reference rate at 61521 vs prior set at 61490 that we collected from various sources. All credit goes to its original author.

  • Prior close of 6.2122

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PBOC sets a weaker reference rate for the yuan again (and the weakest since September 18 of 2013)





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Author: Eamonn Sheridan

Eamonn Sheridan worked with Bankers Trust Australia for 13 years as a Spot foreign exchange dealer, trading across all major currencies and all time zones. He rose to a Vice President position, running spot operations during the busy European time, leaving the bank just prior to it being sold to concentrate on running his own business in the ‘real world’! The markets, however, had him hooked – he continued to trade equities, CFDs and then on to futures, giving him broad experience across financial markets. He is now active in FX and equity index futures as well as writing for ForexLive™. Eamonn is a graduate of The University of Melbourne in Australia and lives in New South Wales.


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