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Is the PBOC Intervening to Discourage Bearish Yuan Bets?

Is the PBOC Intervening to Discourage Bearish Yuan Bets?

Sept. 9 -- The cost of borrowing yuan in Hong Kong surged to a seven-month high amid speculation China’s central bank is intervening to discourage bearish bets on the currency. Bloomberg's Robin Ganguly reports on "Trending Business."