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“PBOC believes the yuan should be gradually trending up vs the US dollar this year”

Published On: February 19, 2021

Summary

By sueyangfx.com February 19, 2021 at 03:02AM Credit Agricole on the People’s Bank of China and the Chinese yuan: This comes as today the Bank set the mid-rate for the onshore yuan significantly stronger (lower USD/CNY) than market surveys had […]

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By sueyangfx.com

February 19, 2021 at 03:02AM

Credit Agricole on the People’s Bank of China and the Chinese yuan:
This comes as today the Bank set the mid-rate for the onshore yuan significantly stronger (lower USD/CNY) than market surveys had shown was expected:

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