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Michala Marcussen, Global Head of Economics at Societe Generale, comments the evolution of the Yuan

20/08/2015

Michala Marcussen, Global Head of Economics at Societe Generale, comments the evolution of the Yuan and its impact on the global FX reserve accumulation in an article published on MarketWatch website.

''Global FX reserve accumulation has for some time been declining in dollar terms and our expectation is the China will have to engage further intervention to defend the CNY, thus running down some of it FX reserves.''
Michala Marcussen, Global Head of Economics at Societe Generale

To read the article, please visit: www.marketwatch.com