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2025-02-19 05:27:19

DissentWatch on Nostr: China FX Outflows Soar As Beijing Prepares For Next Currency Devaluation, Priming ...

China FX Outflows Soar As Beijing Prepares For Next Currency Devaluation, Priming Next Bitcoin Doubling

From ZeroHedge

Back in October 2023, 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 […]

Feb 18th 2025 11:54pm EST

Source Link: https://www.zerohedge.com/markets/china-fx-outflows-soar-beijing-prepares-next-currency-devaluation-priming-next-bitcoin

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