The Traderszone Network

Published in TZ Latest News 10 January, 2016 by The TZ Newswire Staff

China SAFE official says foreign institutions "talking down" the yuan, but its stable

Despite a 4-5 percent depreciation in 2015, the yuan has still appreciated against a basket of currencies,
Says Guan Tao, the head of the department of international payments at the State Administration of Foreign Exchange (SAFE)