China to use 'counter-cyclical' measures to curb forex volatility - official - Technicalnewsmark

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Thursday, July 19, 2018

China to use 'counter-cyclical' measures to curb forex volatility - official

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China's foreign-exchange regulator said it has to assess the impact of trade friction on capital flows and will use "counter-cyclical" measures to respond to short-term volatility, but expressed confidence Beijing can cope with any challenge, given its "ample" reserves.
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from Reuters: Money News https://ift.tt/2NpYC70

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