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More in that post but the effect, in brief, is a supportive move for the yuan.
CNH, AUD, NZD and yen all caught a bid.
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AUD, NZD, JPY all higher following the PBoC FX RRR cut, the first since September 2022
AUD, NZD, JPY all higher following the PBoC FX RRR cut, the first since September 2022
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