PBOC sets USD/CNY at 6.5169, huge injection of liquidiy

By FXStreet FXStreet (Bali) – PBOC sets USD/CNY at 6.5169 vs prior close of 6.5338 and yesterday’s fix of 6.5032. The Chinese Centra Bank injects 130 bn yuan, which is way above average, as it aims to stabilize the Chinese stock market, after a 7% eltdown yesterday.
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Source:: FX Street