Tag: Renminbi intervention

china-central-bank-ssues-us82-billion-bills-in-hong-kong

China Central Bank Issues US$8.2 Billion Bills in Hong Kong

Summary: The People's Bank of China announced plans to issue 60 billion yuan (US$8.2 billion) in central bank bills in Hong Kong to stabilize the yuan amidst trade tensions with the US. This move...

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