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Yuan internalization - one of the main developments in 2015, PBOC’s Yi

FXStreet (Mumbai) - In a latest PBOC report, the central bank’s Vice Governor Yi Gang noted that interest-rate deregulation, internationalization of the yuan and asset liquidity were the three main People's Bank of China (PBOC) developments in 2015.

Mr. Yi added, “China's economy is now more internationally integrated and it will continue to concentrate on quantitative tools but pay more attention to pricing tools. Monetary policy will become more flexible and effective.”

GBP/USD: sold to 8-month lows - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained investors kept selling the Pound all day long, and despite the UK Retail Sales figures resulted better-than-expected.
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PBOC sets Yuan midpoint weaker for 10th day in a row

On Friday, the Chinese central bank, PBOC, sets USD/CNY midpoint at 6.4814 compared to 6.4757 previous close, the highest levels since June 2011.
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