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September 01, 2020 10:18am
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China ETFs attempt to book best day in a month after PBOC vows to support weak yuan with forex reserve ratio cut

Exchange-traded funds that invest in Chinese stocks are on track for their best day in a month after People's Bank of China said that it will lower the amount of foreign-exchange deposits banks must hold, a move seen as a bid to shore up the country's flagging currency.
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