PBOC Yuan positions drop to 2011 low, a sign of Intervention? - BBG

According to the latest observation by the Bloomberg Team, the Chinese central bank’s yuan positions, which reflect the amount of foreign currency held on its balance sheet, fell to the lowest since 2011 in August, indicating that it intervened in the fx markets by selling dollars to support the yuan. 

Below is the chart by Bloomberg & PBOC highlighting the aforesaid: