Foreign exchange sales by Chinese banks fell to US$111.6 billion last year. Photo: Reuters
Foreign exchange sales by Chinese banks fell to US$111.6 billion last year. Photo: Reuters

China says yuan gains market-driven, two-way swings will be the norm

Fed impact on Chinese capital flows is weakening, according to Forex regulator

Foreign exchange sales by Chinese banks fell to US$111.6 billion last year. Photo: Reuters
Foreign exchange sales by Chinese banks fell to US$111.6 billion last year. Photo: Reuters
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