China SAFE - Yuan volatility is the new normal

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    China’s State Administration of Foreign Exchange (SAFE) called Yuan volatility as the new normal, but assured markets it will seek stability against basket of currencies.

    Key quotes
    China will face outflow pressure if fed hikes rate

    China prepared for impact on capital flows of fed hike

    China sets Yuan/Dollar rate based on domestic demand

    No conditions supporting long-term Yuan decline
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