China SAFE: Haven’t seen big impact of Brexit on capital flows
|Additional headlines crossing the wires from the Chinese fx markets regulator, SAFE (State Administration of Foreign Exchange):
China to maintain relatively big current account surplus
Expectations on yuan exchange rate stabilizing
Future cross-border capital flows to remain stable
Haven’t seen big impact of Brexit on China capital flows
Brexit to slow Fed policy normalization process
Banks sell net cny116.1 bln worth fx to clients in June
Assets value change main reason of Jun fx reserve rise
China fx reserve accounts of 30% of world total in Q1
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