Original post:
China cuts reserve ratios by by 50-100 basis points for some banks, released $79 Billion in additional liquidity
Author: BradfordRascoe
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USDCNY Prone to Break 7 in 2017
PBOC condemned “irresponsible media report” of the selloff of renminbi and confirmed the rate of USDCNY (onshore) remains stable between 6.95 and just below 6.96.
Originally posted here:
USDCNY Prone to Break 7 in 2017