Crypto Briefing August 17, 2026

China’s commercial banks acquire net $289B of forex in January-July period

China’s commercial banks acquire net $289B of forex in January-July period

China's increased forex acquisition by banks highlights its strategic shift towards yuan dominance, reducing reliance on the US dollar.

The post China’s commercial banks acquire net $289B of forex in January-July period appeared first on Crypto Briefing.

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