Goldman Sees End of Yuan ‘Sweet Spot’ Spurring Fund Outflows

Bloomberg News
  • China will have to impose curbs to slow exit of funds: Song
  • Foreign reserves to drop to $2.7 trillion by year-end: Daiwa

Yuan's Recent Fall Fails to Trigger Panic, Here's Why

The end of a temporary sweet spot that China enjoyed with its exchange rate -- strength versus the dollar and weakness against trading partners -- will spur renewed capital outflows, Goldman Sachs/Gao Hua Securities Co. said.

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