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China FX regulator orders banks to limit dollar purchases this month

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 8, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Reuters with the headline: - China FX regulator orders banks in some trading hubs to limit dollar purchases this month- sources More: - China's State Administration of Foreign Exchange (SAFE) has ordered banks in some trading hubs to limit dollar purchases this month According to "three people with direct knowledge" (they declined to be identified because they are not allowed to speak to the media). SAFE officials did not immediately respond to comment.

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