China central bank seen ready to intervene again if offshore pushes yuan too far

[ahlam1399]

China central bank seen ready to intervene again if offshore pushes yuan too far

China central bank seen ready to intervene again if offshore pushes yuan too far
HONG KONG (Reuters) - A spike higher in the offshore yuan following suspected rare intervention by Chinese state banks is expected to be short-lived, especially with a looming U.S. interest rate rise likely to add to the attraction of owning dollars.

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