China regulator warns banks against yuan selling – sources

[AJBot]

SHANGHAI/BEIJING -- China's foreign exchange regulator phoned several banks on Wednesday to warn them against aggressively selling the Chinese currency, people with direct knowledge of the matter said, in a new sign of official discomfort with recent yuan weakness. Read More ...

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[Setho]

In as much as I do not like the communism system of governance, I have always been surprised with the way in which China has been able to keep their currency this way.