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China House Price Index up to -5.3% in December from previous -5.7%

PBOC sets USD/CNY reference rate at 7.1889 vs. 7.1881 previous

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1889 as compared to the previous day's fix of 7.1881 and 7.3275 Reuters estimates.
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USD/INR flat lines as likely RBI intervention caps losses

The Indian Rupee (INR) steadies on Friday. The likely intervention from the Reserve Bank of India (RBI) to sell the US Dollar (USD) via state-run banks helps contain excess losses.
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