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PBoC sets yuan reference rate at 6.3614

FXStreet (Bali) - PBoC has set today's yuan reference rate at 6.3614 vs 6.3527 prior fixing. PBOC to inject CNY 25bln via 7-day reverse repos.

NZD/USD scrummage at the 0.68 line

NZD/USD is currently trading at 0.6803 with a high of 0.6817 and a low of 0.6783.
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China's 5th plenum: Aiming for higher quality, sustainable growth - HSBC

Ahead of China's Fifth plenum, HSBC Global Research Economics Team, notes that growth will be the top priority, targeting to double GDP by 2020 from 2010 levels, but speeding up the reform process is a priority too for the sake of better efficiency, particularly SOE reform.
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