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PBOC sets yuan midpoint at 7.1576/dollar vs last close of 7.2114

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The Reuters estimate for the yuan midpoint was 7.2023, but the actual midpoint has been set lower at 7.1576/dollar. That compares to the last close at 7.2114. Yesterday there was a similar spread between the estimated midpoint and the actual midpoint set by the PBOC.

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