PBOC sets USD/CNY central rate at 6.5128 (vs. yesterday at 6.4943)
In Open Market operations, the People's Bank of China injects 130bn yuan via 7-day reverse repos
Another weakening for the yuan against the big dollar from the central bank today
Yesterday the PBOC devalued the CNY against the USD by the biggest one-day margin since August last year.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.