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PBOC is expected to set the USD/CNY reference rate at 7.2683 – Reuters estimate

Eamonn Sheridan
04/11/2022 | 00:20 GMT

PBOC CNY reference rate is due around 0115 GMT.

USD/CNH update - setting up for an attempt above 7.35. Earlier in the week state bank sellers held that level.

  • Yuan is dropping like a rock, but wariness persists of state bank intervention circa 7.35
cnh 04 November 2022

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