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Chinese FX Outflows Soar, Priming The Next Bitcoin Surge
Source: Buzz FX / 23 Apr 2024 22:51:18 America/Chicago
Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN - the single biggest monthly outflow since the 2015 currency devaluation - we concluded that the "unfavorable interest rate spread between China and th
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