EconomyExclusive: Chinese banks raise dollar deposit rates as Beijing seeks to smooth yuan rally, sources say
Several Chinese banks are sharply raising dollar deposit rates, with some exceeding U.S. benchmarks. Bankers say the swift moves are attracting cash and could temper gains in the yuan.
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Reuters★★★☆☆2026-11-09 05:50Original
Exclusive: Chinese banks raise dollar deposit rates as Beijing seeks to smooth yuan rally, sources say
Economy