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Yuan intervention - China's major state-owned banks seen selling USD/CNY

  • The onshore yuan had earlier fallen to a 7-month low
Eamonn Sheridan
11/06/2024 | 03:24 GMT

China's major state-owned banks seen selling dollars for yuan in onshore spot FX.

Reuters report, citing four people with knowledge of the matter.

Earlier:

  • Onshore yuan (CNY) has dropped to its weakest since mid-November 2023
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