The PBOC continued to guide Yuan rates as well as onshore borrowing rates.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/08/31/Chinas-Market-News-Yuan-Weakens-While-Yield-Elevates-.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news
China’s Market News: Yuan Weakens, While Yield Elevates
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