FX & Money Markets

Macroeconomics, monetary policy, FX and money markets
China FX reserves scoop is big talking point

China FX reserves scoop is big talking point

Reuters provided the biggest talking point of the week in the Chinese foreign exchange market with exclusive news on March 17 that the country’s foreign exchange reserves had fallen by a record amount in January. Local news outlets and investment bank reports quickly relayed the scoop, which revived a debate as to whether China was suffering an exodus of hot money.

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