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Banks told to cover-up tracks of China’s forex regulator regarding capital outflows
Wednesday, January 11, 2017 2:54
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China’s forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan’s prospects to themselves, several bankers said. Both demands are seen as an attempt by the authorities to prevent alarm that could trigger further declines in the yuan, …
Source: http://www.hangthebankers.com/banks-china-forex-regulator-capital-outflows/
