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The Mysterious $85 Billion Surge In China's FX Reverse Repo

06-08-2021 • https://www.zerohedge.com, By Ye Xie

A mysterious surge in dollar lending by Chinese banks in an arcane corner of the financial market is leading some investors to wonder whether it's somehow related to the "stealth intervention" by the PBOC to slow yuan appreciation.

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The Mysterious $85 Billion Surge In China's FX Reverse Repo

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