Exclusive-China steps up yuan defence with bond limit guidance

SHANGHAI/BEIJING (Reuters) -China's central bank has asked domestic lenders to scale back outward bond investments according to two sources with direct knowledge of the matter, the latest in series of increasingly strong steps to support the yuan. The directive, issued this week, is for banks to…#shanghai #beijing #kencheung #mizuhobank #hongkong #cnh #zhixiaojia #creditagricole #bondconnect #restrictingyuan

Source: Reuters: Health - August 25, 2023 Category: Consumer Health News Source Type: news