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China Reserve Slump Worries Traders

Discussion in 'Market News' started by ForexLive, Sep 8, 2015.

  1. ForexLive

    ForexLive Forum Member

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    China’s foreign exchange reserves saw record drops in August, falling $93.9 billion to $3.557 trillion, central bank data reported on Monday. This marks the largest monthly slump for the currency and indicates Beijing’s attempts to stabilize the yuan.

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