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globalreutersMarch 22, 20241 Mins read
China state banks seen buying yuan in onshore FX market
globalreutersMarch 22, 20241 Mins read People’s Bank of China will have issued the instruction.
Reuters with the info:
- China’s major state-owned banks seen selling dollars for yuan in onshore FX market to slow yuan declines
They have work to do – CNY has dropped sharply today:
This article was written by Eamonn Sheridan at www.forexlive.com.
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