PBOC considering new tools to ease yuan volatility

By FXStreet FXStreet (Bali) – PBOC is considering new tools to prevent too much yuan volatility, Bloomberg reporting, citing sources “familiar with the matter”, which notes they will continue direct intervention.

Additional headlines

Measures being considered to restrict the CNY-CNH arbitrage gap and speculative trades especially foreign company deals

China will strengthen inspection on fake trades
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Source:: FX Street