China’s SAFE: Fed rate hike so far slow, within market expectation

Additional headlines crossing the wires from China’s SAFE, via MNI, citing Fed’s rate hike impact on capital outflows.

Key Headlines:

Observing fed rate hike impact on capital flows

Fed rate hike so far slow, within market expectation

Fed rate hike not necessarily means even stronger USD

Repeats yuan SDR inclusion to bring more inflows

Yuan to keep stable against basket in foreseeable future

Safe tell foreign investors to allow free inflows/outflows

Recent weaker yuan fixing a result of stronger Dollar index

Yuan decline is smaller than other currencies

Yuan actually appreciated against basket so far in Oct

Oct daily banks fx sales to clients down over Sept

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