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PBOC’s Chen: Will continue fending off large inflows, outflows of short-term speculative capital

China will continue fending off large inflows, outflows of short-term speculative capital, People’s Bank of China (PBOC) Vice Governor Chen wrote in a PBOC publication on Tuesday.

Further comments

To prevent cross-border risk contagion, reduce regulatory arbitrage.

China will quicken development of derivatives for foreign investors to hedge fx-related risks and better manage yuan-denominated investments in Shanghai.

USD/IDR extends the vertical rise above 15k as Indonesian stocks crash

With the coronavirus (COVID-19) breakout infecting the key Indonesian ministers, USD/IDR surges to the highest since November 2018 while taking the bi
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USD/INR Price Analysis: Seesaws between 10-day SMA, 23.6% Fibonacci

USD/INR drops back to re-test 10-day SMA, while flashing 74.04 as a quote, down 0.34%, ahead of the European session on Tuesday.
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