The Traderszone Network

Published in TZ Latest News 10 August, 2015 by The TZ Newswire Staff

PBOC answers questions on improving the yuan setting procedure

Here’s the full text link from the PBOC’s “Improving Quotation of the RMB Central Parity”
I’ve highlighted Point 3 here ….

The PBOC does not want to see large capital outflows …. and read with that context in mind, the last bit of the statement there sounds a little to me like the approach authorities took with stock market short sellers.  Reads to me like a threat not to accelerate capital outflows.