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USD/CNY Fixing Steady

CNH

The USD/CNY fix printed at 7.0997 versus a Bloomberg consensus of 7.1488.

  • Today's fix represents a -491pip surprise in USD/CNY terms, slightly wider than yesterday's -465pip outcome.
  • The actual fix is slightly lower than yesterday's 7.1002 print, which was a sharp rise versus Tuesday's outcome.
  • USD/CNH is a touch lower in the first part of trade, last near 7.1590 we opened near 7.1660.

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