wrote an interesting post today on
Here’s a quick excerpt

Wall Street Journal

China's Forex Reserves Fall by Record $93.9 Billion on Yuan InterventionWall Street JournalBEIJING—China's foreign-exchange reserves fell by a record $93.9 billion in August, a result of aggressive intervention in the currency market by the country's central bank to prevent the yuan from free-falling and limit money leaving Chinese shores.EconomyChina forex reserves fall by record amount Financial TimesChina forex reserves fall $93.9 billion in August as central bank supports yuan Economic TimesChina forex reserves in record fall as Beijing tries to calm markets Reuters MarketWatch  – CNBCall 274 news articles »

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