🚹🇹🇳 CHINA ORDERS BANKS TO STOP BUYING U.S DOLLARS

In response to Trump’s 104% tariffs, Beijing is fighting yuan freefall

đŸ”čState banks told to stop buying USD, start propping up the yuan

đŸ”čDollar purchase limits tightened to block bets against China’s currency

đŸ”čA sliding yuan risks market panic + domestic inflation

- Reuters

#China #Yuan #USD #Tariffs $ETH

ETH
ETH
1,973.79
+0.57%