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PBOC sets RRR at 20% for Offshore yuan forwards

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 6, 2016.

  1. ForexLive

    ForexLive Forum Member

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    China is expanding it's RRR requirements for offshore yuan trading That's a pretty strong move by the PBOC. If there's one thing the Chinese have right in their financial system, it's the RRR and this extension strengthens that safety net.

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