Exclusive-China ' s major state banks sell dollars for yuan in London, NY hours

China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to arrest the yuan's rapid losses. State banks usually act on behalf of China's…#offshore #73356

Source: Reuters: Health - August 17, 2023 Category: Consumer Health News Source Type: news