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PBOC's latest effort to plug capital outflow holes - keeping foreigners capital in China

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 25, 2016.

  1. ForexLive

    ForexLive Forum Member

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    A piece from Reuters overnight, quoting unnamed sources ("four people with direct knowledge of the matter") - People’s Bank of China will allow funds in non-resident accounts (NRA) to be converted into fixed deposits The article goes on to say:

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