PBOC sets USD/ CNY reference rate for today at 6.8150 (vs. estimate at 6.7733)

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More on this here.

Earlier:

Chinese Loan Prime Rates were set:

• 1year 3% vs. expected and prior 3%
• 5 year 3.5% vs. expected and prior 3.5%

This article was written by Eamonn Sheridan at investinglive.com.

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