China's SAFE (FX regulator) says cross border capital flows are generally stable<p>State Administration of Foreign Exchange (SAFE) with the comment</p><ul><li>cross border capital flows in China generally stable</li><li>domestic FX supply and demand remain balanced</li></ul><p>-</p><p>Chinese authorities are sweating capital outflow from the country as the yuan drops in value, China lowers interest rates and just about everywhere else on the planet raises rates. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: China's SAFE (FX regulator) says cross border capital flows are generally stable (https://www.forexlive.com/news/chinas-safe-fx-regulator-says-cross-border-capital-flows-are-generally-stable-20220902/https://www.forexlive.com/news/chinas-safe-fx-regulator-says-cross-border-capital-flows-are-generally-stable-20220902/)
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