#China Nukes #Yuan Shorts: PBOC Raises FX Fwd Reserve Requirement To 20% | Zero Hedge
August 03, 2018 / www.zerohedge.com / Article Link
The PBOC has just nuked Yuan shorts by raising the reserve requirement on FX forwards from 0% to 20%, reversing the move from last September and de facto easing US financial conditions, while tightening those in China...Read full news