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China state banks intervening to sell USD/CNY

China state banks intervening to sell USD/CNY

Central Banks
Eamonn Sheridan
27/09/2023 | 01:54 GMT
  • Yuan support via spot market intervention

Yuan supportive intervention in China.

The chart is of CNH, moving along with a higher CNY:

china state bank yuan intervention 27 September 2023

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