PBOC sets Yuan central parity at 6.3975 versus 6.4010 Thursday

FXStreet (Mumbai) - On Friday, the Chinese central bank, PBOC, sets Yuan central parity at 6.3975 versus 6.4010 Thursday.

Todays, China yuan fixing is seen 0.05% stronger vs. Thursday 1.1% devaluation.

China CSI300 index futures open up 1%, while USD/CNY is seen muted around 6.3990

Greece won't make it without a haircut – EU leaked paper

A leaked EU paper on Thursday revealed that European Union openly expressed deep concerns about the sustainability of Greek debt, and admitting that the problem-laden country would eventually need a considerable haircut.
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