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PBOC Governor says Q1 economic data has bettered estimates

The comments from the People's Bank of Governor Yi Gang are crossing the wires via Reuters:

  • China Q1 econ data has been a little better than expected (GDP is expected to have risen 6.8 percent on year, according to Reuters poll)
  • International financial organizations like the IMF have played key role in belt and road
  • Belt and road aims for mutually beneficial cooperation

PBOC sets the Yuan reference rate at 6.2834

The People's Bank of China (PBOC) set the Yuan reference rate at 6.2834 vs. previous day's fix of 
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NZD/USD breaks higher, fails to capture recent highs

The Kiwi lifted in the overnight session to the 0.7375 area following a speech from the Reserve Bank of New Zealand's (RBNZ) Assistant Governor, John
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