Tag: trade forex in China

November 22, 2013 BY Gerald Segal

PBOC says China does not need more FX reserves

Chinese officials will be taking first steps towards FX liberalization It has been only a couple of days since we heard from Chinese officials on the subject of FX market reform. It has proved to be enough for us to get more details into the thinking of the People’s Bank Of China (PBOC). As Bloomberg…

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