FXStreet (Mumbai) – Headlines from the China Foreign Exchange Trade System (CFETS), a sub-institutional organization of People’s Bank of China (PBOC), crossed the wires via Reuters in the last hours, and are as follows:
PBOC can maintain stable yuan against speculators
Yuan exchange rate to respect market forces
Mkt forces are real fx demand/supply related with eco
Speculator is not true market forces, cause volatility
Yuan has condition to maintain stable against basket
Yuan to continue to see two-way movement in 2016
Fed rate hike impact has been largely priced in
Sees uncertainty with us dlr in next stage
(Market News Provided by FXstreet)