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Chinese banks have reportedly sharply increased USD deposit rates in recent weeks, with some rates exceeding 4%, while exporters are hoarding dollar cash, according to sources
ORIGINAL · NewsquawkChinese banks have reportedly sharply increased USD deposit rates in recent weeks, with some rates exceeding 4%, while exporters are hoarding dollar cash, according to sources
StockNow breaking-news AI analysis
A 2026-11-09 report says Chinese banks reportedly raised USD deposit rates, some above 4%, and exporters are hoarding dollar cash; details and sources are unspecified.
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