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China has no intention to gain trade advantages by depreciating exchange rate: central bank
08/10/2026 | 4 minChina's central bank says the country has neither need nor intention to gain advantages in trade by depreciating its exchange rate, and that it has never engaged in competitive currency devaluation.- The International Energy Agency has backed plans to accelerate the release of around 100 million barrels of oil from emergency reserves. The IEA said its members have agreed to complete previously announced stock releases as soon as possible.
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