China reserves rise, indicating renewed intervention in yuan ("CURRENCY MANIPULATOR", ONCE MORE??) - InvestingChannel

China reserves rise, indicating renewed intervention in yuan (“CURRENCY MANIPULATOR”, ONCE MORE??)

“Data published by the People’s Bank of China on Tuesday showed that the country’s FX reserves rose by $6.92 billion, to $3.01 trillion, during February — the first increase since June. Economists surveyed by Bloomberg were expecting that number to fall by $2.97 billion, on average.”