wachtwoord
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May 25, 2014, 01:40:12 PM

3600 CNY was the price on March 26, just before Caixin leaked the PBoC's "strenghtening" directive.

It is as if that directive did not exist.  Perhaps the end of leveraged trading and other monkey business compensated the new hurdles for moving CNY into the exchanges?



Newsflash: it didn't matter.