15.02.2016 - China bank chief says 'speculators' caused yuan fall
Chinese central bank governor Zhou Xiaochuan has accused "speculative forces" of targeting the country's currency, the yuan. He said there was no reason for the yuan to keep depreciating in value and that China would not let international speculators dominate market sentiment. Zhou's remarks come as Chinese markets prepare to reopen on Monday after a week-long New Year holiday. Efforts to defend the yuan have eroded China's foreign currency reserves...............................................Full Article: Source
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