China state-owned banks selling USD/CNY (believed intervention)

Reuters reporting Chinese state-owned banks were seen selling dollars at the 6.80 yuan per dollar level - In the onshore market, believed to be an effort to support the yuan Reuters citing two unnamed sources The post China state-owned banks se...

Reuters reporting Chinese state-owned banks were seen selling dollars at the 6.80 yuan per dollar level

In the onshore market, believed to be an effort to support the yuan
Reuters citing two unnamed sources

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