Wednesday, November 30, 2016

China tightens gold import quotas to ease dollar outflow - Financial Times


Financial Times

China tightens gold import quotas to ease dollar outflow
Financial Times
In an effort to ease that premium, Chinese banks have been allowed to import gold under their quotas using the offshore renminbi, one banker said. Although still high, the premium for gold on the Shanghai Gold Exchange has since fallen to $26 ...

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