News Snapshot:
U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights SHANGHAI, Sept 14 (Reuters) - China's central bank has asked some of the country's biggest lenders to refrain from immediately squaring their foreign exchange positions in the market, and to run open positions for a while in order to alleviate downside pressure on the yuan, two sources with knowledge the matter said. As part of this informal "window guidance", banks have been asked not to square their positions in the inter-bank foreign exchange markets after any U.S. dollar sales...
