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PBOC sets the Yuan reference rate at 6.6277

The People's Bank of China (PBOC) set the Yuan reference rate at 6.6277 vs. previous day's fix of 6.6286

Japan's Aso - Escape from deflation is not complete

Japanese inflation has increased for nine straight months, still, Finance Minister Aso believes the escape from deflation is not complete.  Key quote
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BOJ trims purchases of 1 year to 3 year government bonds

The news is crossing the wires via Reuters that Bank of Japan (BOJ) has trimmed purchases of the government bonds maturing in 1 year to 3 years by JPY
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