China’s Securities Regulator: Overseas demand for Yuan assets explains Yuan’s strength

Reuters reported comments delivered by China’s Securities Regulator, delivered earlier today, with the key points found below.

Says working toward a mechanism to help increase MCSI inclusion factor to 15 pct from 5 pct.

Overseas investors have an obvious tendency to hold Yuan assets.

This explains Yuan’s strength against the backdrop of weakness in some other currencies.

Cannot rule out the possibility that China's firms rush to export in anticipation of a trade war with the US.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.