First the good news. China only sold only $43 billion worth of foreign exchange reserves, most of which U.S. Treasurys, in September.

This number is far lower than the $94 billion it sold in August, so it seems the country managed to stem the bleeding which reduced reserves of $4 trillion (August 2014) to $3.51 trillion in September of 2015.

Fewer sales by China are also beneficial because they reduce the pressure on interest rates here in the United States.

Maybe some of the measures to clamp down on money exchanges and overseas cash withdrawals have shown an effect.

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