PBOC sets USD/ CNY reference rate for today at 6.4744 (vs. yesterday at 6.4824)

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.  
– USD/CNY is permitted to trade plus or minus 2% from this daily reference rate.
Yesterday the PBOC increased its short-term cash injection, that done through daily open market operations, for the first time since March. This was to ease

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