Forex News USD/CNY may drop after USD proved fairly stable in international markets Friday night, but to keep above historical low of 6.8103, says Shenzhen-based dealer with local bank; tips central parity rate to be set around 6.8150, roughly in line with spot close of 6.8169 Friday, but adds, "when the dollar doesn't offer any lead (in U.S. trade) that usually creates some scope for the pair to fall a little." Adds, given market's recent momentum, doesn't see much scope for adjustment before spot hits 6.8000.
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