Reuters first to report China’s FX regulator surveyed banks, companies on yuan risk

reuters first to report chinas fx regulator surveyed banks companies on yuan risk • Reuters first to report China’s FX regulator surveyed banks, companies on yuan risk
reuters first to report chinas fx regulator surveyed banks companies on yuan risk • Reuters first to report China’s FX regulator surveyed banks, companies on yuan risk

Business & Finance

Reuters was first to report that China’s currency regulator, the State Administration of Foreign Exchange (SAFE), has been conducting a rare survey of banks and companies to ask about their risk management processes and ability to handle volatility in the yuan. The SAFE did not give a reason for the survey, but its timing suggests Chinese authorities are girding for currency volatility as the Federal Reserve and other major central banks wean economies off massive pandemic-era stimulus, and are keen to avoid a repeat of the violent yuan slide during U.S. tightening in 2015-2016.

Pages ( 1 of 3 ): 1 23Next »

評論