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.
This article was originally published by Forexlive.com. Read the original article here.
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