PBOC sets Yuan reference rate at 6.9032

The Peopl's Bank of China (PBOC) set the Yuan reference rate at 6.9032 compared to Tuesday's fix of 6.8957
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Saudi Oil Minister – Market intervention is ineffective

Saudi Oil Minister Khalid A. Al-Falih, while talking to CNBC, said Saudi Arabia will allow the free market to complete the supply rebalancing act. "H
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