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USD/CNY Fixing Slightly Higher, Fixing Error Close To Unchanged

CNH

The USD/CNY fix printed at 7.1074, versus a Bloomberg consensus of 7.1702.

  • Today's fix represents a -628pip surprise in USD/CNY terms, only slightly wider than yesterday's outcome.
  • The actual fix is marginally higher than yesterday's 7.1044 print.
  • USD/CNH has largely tracked sideways in the first part of Friday trade, last close to 7.1800.

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