Offshore yuan (CNH) jumps higher after strong setting for onshore yuan (CNY) ...Middle East

The strongest mid-rate for the CNY since Ausgust 11 today:PBOC sets USD/ CNY reference rate for today at 7.1612 (vs. estimate at 7.2320)Meanwhile, LPRs unchanged:PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expectedUSD/CNH dropped after the strong mid-rate for CNY: This article was written by Eamonn Sheridan at www.forexlive.com.

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