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China State Banks seen intervening in USD/CNH - supporting the yuan

China State Banks seen intervening in USD/CNH - supporting the yuan

Central Banks
Eamonn Sheridan
27/06/2023 | 03:10 GMT

Newswires citing unnamed sources for the news:

  • China's state banks spotted selling dollars in offshore currency markets to prop up the yuan
usdcnh offshore yuan 27 June 2023

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