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18 Jan 2018
China SAFE: Two-way Yuan fluctuations will become a new normal
More comments crossing the wires from the Chinese fx regulator, the Safe Administration of Foreign Exchange (SAFE), are found below.
China's investments in the US treasury bonds are market driven.
Recent Yuan appreciation driven by China's improving economy, weaker dollar.
Two-way Yuan fluctuations will become a new normal.
China will deepen forex reform, enhance Yuan flexibility.