China will avoid disorderly fluctuations in the fx market this year, the country’s fx regulator, the State Administration of Foreign Exchange (SAFE), said in a statement on Thursday.
Additional comments
“Will step up market expectations, macro-prudential management. “
“Will steadily push forward opening up of the capital account. “
“Will improve capital management of foreign institutions’ onshore equity and bond issuance.”
“Will support financial institutions to introduce more fx derivatives that meet market demand.”
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