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China Removes Cap on Forex Deposit Rates in Shanghai – Bloomberg

China Removes Cap on Forex Deposit Rates in Shanghai
Bloomberg
“This is a small step in deposit-rate liberalization because forex deposits are a tiny fraction of the total,” said Dariusz Kowalczyk, senior economist at Credit Agricole SA in Hong Kong. “However, the removal of forex deposit caps does represent a
China To Remove Forex Deposit Rates Cap In ShanghaiRTT News

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