People have some reason for wanting to get their money out — either they're worried about losing their investments in a China crash, or they're
betting on the depreciation of the yuan.
Not exact matches
Some analysts said the sharp swings in offshore exchange rates and borrowing costs appeared to be engineered by the Chinese leadership, as a way to ease
depreciation pressure
on the renminbi and to discourage speculation — namely short - sellers, investors who
bet on declines in the currency, often by using borrowed funds.
The central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, making it more expensive to
bet on further
depreciation of the yuan.
«People were thinking about alternatives to circumvent the reserve requirement to
bet on yuan
depreciation after yesterday's policy was out.
The idea is to
bet on a lagre
depreciation of the Yuan.