So says the Securities Journal (via Bloomberg)
nothing further at this stage
… ADDED:
- Comments from a former SAFE official
- Says China faces capital outflow pressure
-
I wonder who told them? :-D
Yuan has been dropping against the USD and its basket in the past month or so. I suspect there is more to come.
Its a little early for much CNH trading bt as an indication its around 6.8265 as I post
