Yuan exchange rate to respect market forces – China CFETS

By FXStreet FXStreet (Mumbai) – Headlines from the China Foreign Exchange Trade System (CFETS), a sub-institutional organization of People’s Bank of China (PBOC), crossed the wires via Reuters in the last hours, and are as follows:

PBOC can maintain stable yuan against speculators

Yuan exchange rate to respect market forces

Mkt forces are real fx demand/supply related with eco

Speculator is not true market forces, cause volatility

Yuan has condition to maintain stable against basket

Yuan to continue to see two-way movement in 2016

Fed rate hike impact has been largely priced in

Sees uncertainty with us dlr in next stage
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Source:: FX Street