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Analysis-China's Cycle of Dollar Hoarding and Weakening Yuan Gets Vicious
Source: Buzz FX / 16 Apr 2024 05:36:18 America/New_York
Reuters
U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File photo
SHANGHAI (Reuters) - Chinese businesses are hoarding dollars because they expect their own curre
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