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Topic Summary

Posted by: NelsonGoni
« on: January 29, 2024, 12:01:05 PM »

China moves to support yuan as stock markets tumble

Reuters exclusively reported that China’s major state-owned banks moved to support the yuan on Monday, tightening liquidity in the offshore foreign exchange market while actively selling U.S. dollars onshore as equities slid. 


The post China moves to support yuan as stock markets tumble appeared first on Reuters News Agency .


Source: China moves to support yuan as stock markets tumble

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