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USD/CNY Fixing Error Steady

CNH

The USD/CNY fix printed at 7.1039, versus a Bloomberg consensus of 7.1729.

  • The fixing error, in USD/CNY terms, is very close to yesterday's outcome (-690pips).
  • The actual fix is the lowest since Jan 9, but only at the margins.
  • USD/CNH probed above 7.1900 earlier, but is now back at 7.1880, little changed for the session.

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