![Insider Report: China’s State Banks Offload Dollars Offshore to Put Brakes on Yuan’s Fall Chinese currency depreciation](https://currencyveda.com/wp-content/uploads/2023/05/Chinese-currency-depreciation-600x400.jpg)
Insider Report: China’s State Banks Offload Dollars Offshore to Put Brakes on Yuan’s Fall
In a calculated maneuver to bolster the falling yuan, China’s prominent state-run banks plunged into the offshore spot market, strategically…
In a calculated maneuver to bolster the falling yuan, China’s prominent state-run banks plunged into the offshore spot market, strategically…
In today’s data release from China, the country’s second-quarter GDP growth rate came in at +0.8% quarter-on-quarter, slightly exceeding expectations….