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Chinese Exporters r Holding on to their USD
revealer

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#1

19-01-2024, 10:57 AM
Afraid of losing out. They swap dollars instead of converting dollars to Yuan. The regulators r allowing it.

https://www.reuters.com/markets/currenci...023-08-31/

This swapping in USD has gone into overdrive at the moment

https://www.bloomberg.com/news/articles/...-fx-bypass
Omni is in my ignored list. This works well like he always bumps my post for me all the time. Thank u Omni.

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K88 shu shu

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#2

19-01-2024, 11:08 AM
US $ safer.
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WhatDoYouThink!

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#3

29-07-2024, 06:35 PM
Sheep mentality still prevails and strong, can sense that from the posts
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teaserteam

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#4

29-07-2024, 06:55 PM
USD has climbed back up over the weekend despite rumours of a rate cut becoming imminent and PBOC setting an exchange rate of 7.13 to strengthen CNY

https://www.marketwatch.com/investing/currency/usdcnh
https://www.fxstreet.com/news/pboc-sets-...2407290120

[Image: Screenshot-2024-07-29-185258.jpg]

Omi.. Thank you for bumping up the message.
(This post was last modified: 29-07-2024, 06:56 PM by teaserteam.)
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Omnipresent88

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#5

29-07-2024, 06:56 PM
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All amdk arse lickers stooge’s you don't know meh your mummy begging liao lah LMAO

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Purikura

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#6

03-10-2025, 09:52 PM

Third world china RMB is weakening to the point of becoming worthless banana notes. Even ah tiongs don't want to hold onto useless RMB. Tongue Tongue Tongue

Many ah tiongs are trading it for USD and gold, really shows how much confidence ah tiongs have in their own country lololololololol! Tongue Tongue Tongue
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