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Michala Marcussen, Global Head of Economics at Société Générale explains the consequences of China to decrease its currency reserves.

10/09/2015

In a recent article published by Reuters, Michala Marcussen, Global Head of Economics at Société Générale explains the consequences of China to decrease its currency reserves.

“If China is forced to significantly run down FX reserves to defend its economy from disorderly capital outflows (which we believe would be dominated by domestics looking abroad as opposed to foreigners repatriating) and undesired currency depreciation, then this could have a notable impact on the U.S. term premia,”
Michala Marcussen, Global Head of Economics at Société Générale

To read the full article, please visit:www.reuters.com