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Fullerton Markets

Fullerton Markets

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Economists: Phase One Trade Deal To Have Limited Impact On The RMB, Economists Predict

[fa icon="calendar'] Jan 16, 2020 9:00:00 PM / by Fullerton Markets posted in Media Updates, 2020

The US-China trade deal highlights the principle of transparency and forbids competitive currency devaluation.


China Seen To Be Complying With US Trade War Deal By Allowing Market Forces To Dictate Yuan Exchange Rate

[fa icon="calendar'] Jan 9, 2020 5:06:51 PM / by Fullerton Markets posted in Media Updates, 2020

There has been minimal intervention from China's central bank this year, as market forces are allowed to push up the yuan's exchange rate ahead of the anticipated signing of the phase one trade agreement with the US next week.


PBOC releases liquidity to shore up economy

[fa icon="calendar'] Jan 6, 2020 7:30:00 PM / by Fullerton Markets posted in Media Updates, 2020

China's central bank had announced at the start of the year that effective January 6, the reserve requirement ratios of all Chinese commercial banks will be cut by half a percentage point, releasing 115 billion U.S. dollars to the market.