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Chinese state banks selling USD/CNY for the 3rd day in a row

ByEamonn Sheridan

Nov 30, 2016

Reports are its in an effort to support the yuan
Also, today’s USD/CNY was the third in a row with a stronger CNY against the USD.
Chart, not the USD/CNY – this is the USD/CNH (the offshore yaun)

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By Eamonn Sheridan

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