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    PBOC may cut RRR today - BBG Dhwani Mehta

    Headlines crossing the wires via Bloomberg that PBOC may cut RRR after China's market close today. Hence, the demand for the USD/CNH pair is on the rise amid increased speculation of a China rate this Friday.Meanwhile, USD/CNH is now seen modestly flat at 6.6980, reversing a knee-jerk spike to 6.7011 on the PBOC headlines reported by Bloomberg.



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