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Think the yen is weak? Yuan says "hold my beer".

Eamonn Sheridan
07/09/2022 | 03:32 GMT

The People's Bank of China is trying to hold the line on the weakening yuan

PBOC sets USD/ CNY reference rate for today at 6.9160 (vs. estimate at 6.9686)

not to a lot of effect though, offshore yuan above 6.99:

yuan cnh 07 September 2022

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