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KM Financial Solutions | Raising reserve requirements for forex settlements to fend off financial risks
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Raising reserve requirements for forex settlements to fend off financial risks

02 Aug Raising reserve requirements for forex settlements to fend off financial risks

Posted at 13:20h in News by
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China’s central bank said on
Friday it was raising a reserve requirement for financial
institutions settling foreign forward yuan positions in order to
fend off financial risks.

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