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PBOC sets USD/CNY reference rate at 7.1030 vs. 7.1214 previous
Source Fxstreet
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1030, as against the previous day's fix of 7.1214 and 7.1048 Reuters estimates.
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The USD Index registered marginal losses on Tuesday as the bullish action seen in Wall Street's main indexes highlighted a risk-positive market atmosphere.
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