USD/CNY is a 'managed float'
- The PBOC allows the rate to fluctuate plus or minus 2% from the daily reference rate
- yesterday's close was 6.3460
- yesterday's mid point was set at 6.3402
USD strength reflected in a weaker setting for the yuan today
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China stockmarkets open at 0130GMT. CSI300 futures are indicating around +1.3%