• China state banks sell Dollars onshore and offshore to defend Yuan

Market news

25 July 2023

China state banks sell Dollars onshore and offshore to defend Yuan

China's major state-owned banks seen selling dollars to buy yuan in both onshore and offshore spot markets in early Asian trades.

More to come

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.