More from China's SAFE: Don't need to boost exports by devaluating yuan

Author: Eamonn Sheridan | Category: Central Banks

A spokeswoman for China's State Administration of Foreign Exchange (SAFE)

  • Impact on China's capital flows from Fed's interest rate rises has been diminishing
  • Improvements in China's economy boost its ability to cope with impact from Fed rate rises
  • Will closely monitor fed's interest rate rises and balance sheet shrink
  •  Don't need to boost exports by devaluating yuan

More from SAFE, via Reuters



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