China FX regulator head says currencies market has shown obvious seasonality

News

Remarks by China’s FX regulator head on the market

  • International markets face risk of correction from high levels
  • Correction could lead to global risk-off sentiment, changes in cross-border flows

I’m not really sure what one can extrapolate from the headline remark, given how inflows to the yuan this year are in part due to their own doing.

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