OCBC Analysts Say China FX Reserve Move May Slow Yuan Rally
OCBC analysts Tommy Xie and Cindy Keung say China’s higher foreign-exchange reserve requirements for banks, effective Nov. 15, aim to slow the yuan’s appreciation rather than reverse it.
OCBC analysts Tommy Xie and Cindy Keung say China’s higher foreign-exchange reserve requirements for banks, effective Nov. 15, aim to slow the yuan’s appreciation rather than reverse it.