China's foreign exchange reserves fell by $94bn last month as Beijing implemented a new currency regime that ostensibly gives more say to market voices.
The figure suggests Beijing stepped up its efforts to intervene in the currency market to create stability in the wake of its new regime.
The $94bn cutback is the sharpest monthly fall in reserves on record, while in percentage terms it's the biggest fall since May 2012. In July China's reserves had only been depleted by $42bn.
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