China’s onshore yuan, CNY, hits its highest since 10 May 2023

Justin posted yesterday on:

• China calls on banks to reduce US Treasuries exposure amid “market volatility” – report

I added a little more:

• ICYMI bombshell: China tells banks to curb US Treasury exposure, “sell-America” nerves

China is letting the yuan rise at the same time.

This article was written by Eamonn Sheridan at investinglive.com.