1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

How China supports the yuan while burning FX reserves more slowly

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 21, 2015.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,058
    Likes Received:
    1
    How a central bank supports a currency? One was is through intervention (buying the currency supports it, selling it if they want it to fall). But ... the People’s Bank of China has burned though forex reserves supporting the yuan, so they're now trying different methods

    Continue reading...
     

Share This Page