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https://www.reuters.com/markets/currencies/china-asks-some-banks-reduce-or-delay-dollar-buying-sources-2023-08-01/
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Exclusive: China asks some banks to reduce or delay dollar buying, sources say - Reuters
8/1/23 at 11:03am
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Reuters
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Reuters
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Business & Industrial
Currencies & Foreign Exchange
China
Reuters
China's currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars in order to slow the yuan's depreciation, two people with direct knowledge of the matter said.
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