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PBOC sets yuan reference rate for today at 6.6784 (vs. yesterday at 6.6908)
PBOC injects 20bn yuan via 7-day reverse repos and injects 10bn yuan via 14-day reverse repos •People's Bank of China strengthening the CNY against the USD at today's central rate setting •The purpose of the daily central rate fix is as a reference ratce. USD/CNY is allowed to trade plus or minus 2% from this daily reference rate.