We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Ample firepower

8 April 2016 By Rachel Morarjee

Forex reserves edged up in March, handing the People’s Bank of China a victory over speculators betting on a renminbi devaluation. Slowing growth and surging money supply will pressure the currency. But the central bank can fight this battle longer than most funds can stay short.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)