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China's State Banks Sell Dollars to Support Yuan Currency
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China's major state-owned banks are selling U.S. dollars in the onshore spot foreign exchange market to support the yuan currency amid renewed depreciation pressure.
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How might the sale of U.S. dollars by China's state banks impact the value of the yuan?
How might the strengthening of the yuan in November affect China's economy?
What are the potential consequences of Moody's cut in outlook on China's government credit ratings?
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