PBOC to set Yuan reference rate at 7.1027 per US Dollar - Reuters estimate
|The People's Bank of China (PBOC) is expected to set the Yuan (CNY) reference rate at 7.1027 per US Dollar today, having announced the mid-point rate at 7.0810 on Tuesday.
A weaker-than-expected fix could embolden CNY sellers. The USD/CNY pair closed at 7.1622 on Tuesday, the highest daily close since February 2008.
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