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The Economic Times

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China urges more FX hedging to aid exports

China's foreign exchange regulator is urging banks to implement currency hedging options for exporters. This strategy intends to protect businesses from the persistent rise of the yuan against the dollar, which recently achieved a multi-year high following stronger daily guidance from the central bank. Authorities are wary of potential foreign exchange losses impacting exporters, a vital sector of the economy.

15 Sep 2026 12:57 am