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Chinese state banks seen intervening to support the yuan - intervention to sell USD/yuan

Chinese state banks seen intervening to support the yuan - intervention to sell USD/yuan

Central Banks
Eamonn Sheridan
25/07/2023 | 02:23 GMT

Major state-owned banks have been spotted selling USD to buy yuan in both onshore and offshore spot

  • USD/CNY and USD/CNH

USD/CNH update:

usdcnh chart state bank china intervention

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