13-08-2015, 04:25 PM
The intervention started, and let's see the result...
China central bank steps up intervention in yuan trading: sources
BEIJING (Aug 13): China's central bank has stepped up intervention in yuan trading, ordering state banks to buy yuan at designated rates on behalf of the monetary authorities, among other emergency measures, banking sources with direct knowledge of the matter told Reuters on Thursday.
...
http://www.theedgemarkets.com/sg/article...ng-sources
China central bank steps up intervention in yuan trading: sources
BEIJING (Aug 13): China's central bank has stepped up intervention in yuan trading, ordering state banks to buy yuan at designated rates on behalf of the monetary authorities, among other emergency measures, banking sources with direct knowledge of the matter told Reuters on Thursday.
...
http://www.theedgemarkets.com/sg/article...ng-sources
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