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Wednesday, April 01, 2015
ANBOUND: RMB Enters the Equilibrium Interval of Two-way Fluctuation
ANBOUND

According to the international balance sheet released by China Foreign Exchange Control Administration, the deficit of capital and financial projects throughout 2014 is not as overstated as that shown by initial data. ANBOUND thus judges that the depreciation pressure on RMB will be reduced, which drives RMB's exchange rate entering into the equilibrium interval. In the new normal of RMB exchange rate fluctuating bi-directionally, companies need to build up strict financial disciplines of hedging to manage the exchange risks better.

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