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China asks big banks to stagger and adjust dollar purchases

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reuters.com/markets/currencies/china-asks-big-banks-stagger-adjust-dollar-purchases-sources-2023-09-14

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights
SHANGHAI, Sept 14 (Reuters) - China's central bank has asked some of the country's biggest lenders to refrain from immediately squaring their foreign exchange positions in the market, and to run open positions for a…

This story from reuters.com was posted on 2023-09-14 by @softsky.

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