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China s State Banks Buying Yuan To Hasten Recovery Sources - BW Businessworld

China s major state-owned banks have been buying the yuan to assist its recovery against the US dollar, , People s Bank of China, yuan, dollar ....

Zhi Xiaojia , People Bank , Credit Agricole , Federal Reserve , Chief China , People 39s Bank Of China ,

Exclusive-China's state banks are buying yuan, quickening its rally, sources say

SHANGHAI :China's major state-owned banks have been active in the currency market this week, buying the yuan and helping hasten its recovery against a broadly weaker U.S. dollar, two sources told Reuters on Tuesday.The big banks, which sometimes act on behalf of Chinese monetary authorities, have in the past ....

United States , Kiyong Seong , Zhi Xiaojia , Societe Generale , Credit Agricole , Federal Reserve , People Bank ,

Exclusive-China's state banks seen swapping and selling dollars for yuan -sources

SHANGHAI (Reuters) -China's major state-owned banks have been active in the currency market this week, buying the yuan and helping hasten its recovery against a broadly weaker U.S. dollar, two sources told Reuters on Tuesday. The big banks, which sometimes act on behalf of Chinese monetary authorities, have in the past year often sold dollars to slow the yuan's decline. The yuan has gained 2% in the past week, to stand at levels of around 7.13 to the dollar - its highest in nearly four months. ....

United States , Kiyong Seong , Societe Generale , Clarence Fernandez , Simon Cameron Moore , Zhi Xiaojia , People Bank , Federal Reserve , Credit Agricole , Shanghai Newsroom , Currency Market , State Banks , Monetary Authorities , Chinese Currency ,

Exclusive: China's state banks seen swapping and selling dollars for yuan

Exclusive: China's state banks seen swapping and selling dollars for yuan
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United States , Zhi Xiaojia , Kiyong Seong , Clarence Fernandez , Simon Cameron Moore , Societe Generale , Credit Agricole , Federal Reserve , Thomson Reuters Trust Principles , People Bank , Shanghai Newsroom , Thomson Reuters Trust ,