Saturday 17 November 2018
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newzimbabwe - 10 days ago

China’s reserves fall, suggesting Beijing propping up yuan

By Associated Press BEIJING: China’s foreign currency reserves declined in October in a sign Beijing might be intervening in the market to keep its yuan from falling too far against the dollar and triggering a possible U.S. backlash amid a tariff battle. The reserves, the world’s largest, declined by about $34 billion to just over The post China’s reserves fall, suggesting Beijing propping up yuan appeared first on NewZimbabwe.com.

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