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China Press: PBOC will likely increase its "management" of yuan rate expectations this year

Bloomberg reporting latest story from the China Securities Journal published this Friday, noting that the Chinese central bank, PBOC, is expected to step- up measures to increase management of yuan rate expectations this year.

Key Headlines:

PBOC will likely increase its "management" of yuan rate expectations this year

PBOC should adopt "asymmetrical" measures when necessary to make capital inflows and outflows more balanced

PBOC drains a net 595 bln Yuan this week via OMOs

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USD/JPY revisits 106.00 despite flat treasury yields

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