Yuan Gains as Regulator Voices Support, Denies Massive OutflowsBloomberg News
Pressure for yuan to weaken has basically ended: SAFE official
Banks sold net $127 billion of foriegn currency for clients
The yuan rose to a one-week high as China’s foreign-exchange regulator said depreciation pressure has almost disappeared and the dollar weakened before the Federal Reserve decides on a possible interest-rate increase.
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