China is reportedly considering selling up to $1 trillion worth of U.S. dollar-denominated assets, which could have a significant impact on global markets. This move […]
Tag: Yuan
China’s State Banks Take Action to Stabilize Yuan Amid Moody’s Downgrade and Exporter Dynamics
China’s major state-owned banks were reportedly engaged in the sale of U.S. dollars in the onshore foreign exchange market for the second consecutive day, aiming […]