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China targets hot money inflows with new forex rules – Reuters


Globe and Mail

China targets hot money inflows with new forex rules
Reuters
FOREX LOANS. The new net open position limits apply to banks whose foreign-currency loan-to-deposit ratio (LDR) exceeds the reference rate of 75 percent for Chinese banks and 100 percent for foreign banks. Moreover, the higher a bank's forex LDR, the
China Steps Up Scrutiny of Cross-Border Capital Flows as Yuan Climbs to IBTimes.co.uk
Offshore Yuan Drops Most in 15 Months as China Probes InflowsBusinessweek

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