Yuan exchange rate to respect market forces – China CFETS

FXStreet (Mumbai) - Headlines from the China Foreign Exchange Trade System (CFETS), a sub-institutional organization of People's Bank of China (PBOC), crossed the wires via Reuters in the last hours, and are as follows:

PBOC can maintain stable yuan against speculators

Yuan exchange rate to respect market forces

Mkt forces are real fx demand/supply related with eco

Speculator is not true market forces, cause volatility

Yuan has condition to maintain stable against basket

Yuan to continue to see two-way movement in 2016

Fed rate hike impact has been largely priced in

Sees uncertainty with us dlr in next stage

China stock regulator announces new rules on share sales

China China Securities Regulatory Commission (CSRC) announces new rules governing share sales, effective on January 9, intended to ease panic sell-offs like the one seen today, in which the China stock market was closed for the day following the trigger of 'circuit breaks' on falls beyond 7%.
Leer más Previous

USD/CAD hits new 12-yr highs as Oil rout extends

USD/CAD prolongs its upwards trajectory for the fifth consecutive session on Thursday, as the oil prices continue to tumble amid heightening risk-aversion on global stocks slump.
Leer más Next