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China's FX operator will trial FX swap offsets among firms

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 1, 2016.

  1. ForexLive

    ForexLive Forum Member

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    PBOC and FX operator with comments on Reuters - Will allow firms to offset FX swap positions directly with other counterparties on a trial basis - Central bank to raise ratio of direct financing and lower social financing costs The rest is the usual waffle, keep yuan stable blah blah blah

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