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    Chinese forex reserves fall to multi-year low

    Chinese forex reserves has fallen for the first time in 3 months and reached multi-year low. Although the change is not big ( 3.19t $ vs. 3.22t $) previously it should be noted. There were some rumours that capital outflows started once again in China and the change in reserves is in line with them, 

    What does it mean for the markets? As for now it will be probably ignored, but in the longer term perspective it’s a worrying sign the shouldn’t be ignored. 

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    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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