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PBOC sets USD/CNY reference rate at 6.9523 vs. 6.9590 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9523 compared to Friday's fix of 6.9590 and 6.9334 Reuters estimate.…
Policy support anchors regional FX – MUFG
MUFG Bank analysts Lin Li and Khang Sek Lee note the People’s Bank of China is keeping USDCNY fixings below 7.0000, allowing the Chinese Yuan to act as a stabilizing anchor for…
Government will seek dialogue with markets on Monday as needed
Japan’s Finance Minister Satsuki Katayama said that she will communicate with financial markets on Monday if needed, Bloomberg reported on Sunday. Katayama reiterated that she was…
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