China's SAFE: Forex reserves will maintain overall stable

2/7/2018

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China's State Administration of Foreign Exchange comments after the release of the FX reserves data earlier

• Yuan's two-way move to be more noticeable
• Cross border capital flows, FX supply and demand will be more balanced
• Economic fundamentals to remain sound

More or less echoing similar comments to when SAFE chief spoke earlier in the day here. Nothing new so far.

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