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ForexLive Asia FX news wrap: China holds 1 and 5 year rates steady for the 15th month in a row

Forex news for Asia trading on Tuesday 20 July 2021 The People's Bank of China set its one- and five-year Loan Prime Rates at unchanged rates for the 15th straight month, in line with the consensus expectation (although there were some forecasts of a 5bp cut to the 1 year rate). As I post the offshore yuan is around its highest

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