On July 17, the onshore yuan (CNY) closed at 6.7773, down 95 pips. This trend is really heart-wrenching—will the PBoC step in to intervene?

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Chain News reports that, according to A’s early issuance data, on July 17 the onshore RMB to USD closed at 6.7773, down 95 points from the previous trading day.
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