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Spot USD/CNY Plummets 105 bps to Close at 7.1236
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Spot USD/CNY plummeted 105 bps to close at 7.1236 today (12th). As of 4:42 pm, USD/CNY in the night session cratered 22 bps. USD/CNH descended 27 bps to 7.1284, trading 48 bps lower than USD/CNY.

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