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And that's a worry

China's banks are bursting with dollars / ANALYSIS

Shanghai - A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and traders say it poses a risk to official efforts to control a fast-rising yuan. Boosted by surging export receipts and investment flows, the value of foreign cash deposits in China's banks leapt above $1 trillion for the first time in April

After Albayrak and Uysal

Turkey's new economic chiefs need new crisis playbook / ANALYSIS

London - Turkey's two new economic czars will need a fresh crisis playbook if they are to keep the lira and the economy from plunging into deeper turmoil. The shock departure of finance minister Berat Albayrak, who is President Tayyip Erdogan's son-in-law, and central bank chief Murat Uysal over the weekend gave the lira its best day in over two years on Monday