China steps up efforts to curb yuan’s decline, defends 7.25

<p>The Offshore Chinese Yuan (CNH) is witnessing a revival today, as China appears to be intensifying its efforts to curb the currency’s recent slump. Market participants view 7.25 level against Dollar as a significant psychological threshold to uphold. According to a report by Reuters, there’s evidence that major state-owned Chinese banks are selling dollars in […]</p>
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