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China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low

April 10, 2025
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China seeks to keep up the soundness of the yuan within the face of the present tariff warfare, informally asking state banks to cease their greenback purchases. Based on Reuters, these establishments would additionally ramp up controls on prospects’ greenback purchases to cease hypothesis. China Reportedly Issuing Greenback Buy Steerage to Management Yuan Worth Drop China […]



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Tags: asksBanksChinaCurbdollarHitsMultiYearPurchasesYuan
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