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Event Brief

China’s central bank moves to slow renminbi’s advance

PBoC makes it cheaper for traders to bet on weakening currency amid concerns about rapid appreciation.
WHO: People's Bank of China
WHAT: Central bank intervention to slow currency appreciation
WHEN: Feb 27, 2026 at 1:28 AM ET
WHERE: China
WHY: Concerns about rapid appreciation of the renminbi
Sources (1): Financial Times

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