# Exclusive: Chinese banks raise dollar deposit rates as Beijing seeks to smooth yuan rally, sources say

https://mins.news/en/item/135045

- Reuters, 2026-11-09 05:50 UTC
- Economy
- Original: https://www.reuters.com/business/finance/chinese-banks-boost-dollar-deposit-rates-sources-say-beijing-seeks-smooth-yuan-2026-11-09/?link_source=ta_bluesky_link&taid=6af15f0d2a145b0001a736f2

> 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.