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PBOC sets USD/CNY at 6.4882 vs 6.5120

PBOC sets USD/CNY at 6.4882 vs 6.5120

Japan prepares extra budget to fund quake recovery - Reuters

Japan is set to prepare an additional budget of over $4.5 billion for quake recovery, according to unnamed sources.
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PBOC injects 140bn yuan via 7-day reverse repos

As part of its open market operations, the People's Bank of China injected 140bn yuan via 7-day reverse repos today, according to traders.
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