Relevant:
- China guides yuan sharply lower, jolts markets, offshore currency plunges
- China lets yuan fall further, fuels fears of currency war
- Foreign Central Banks Sell A Record $343 Billion In US Treasuries In The Last Year
- China suspends forex business for some foreign banks, Apparently to bolster Yuan
- Prepare for a Chinese Maxi-devaluation - Rickards (BIG IMPLICATIONS FOR US STOCKS!!)
2015-09-14 — reuters.com
``China's central bank and commercial banks sold a net 723.8 billion yuan ($113.69 billion) of foreign exchange in August, by far the largest on record, highlighting how capital outflows intensified in the wake of the yuan's devaluation last month.''
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