{"id":17878,"date":"2021-08-12T05:30:14","date_gmt":"2021-08-12T05:30:14","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=17878"},"modified":"2021-08-12T05:30:14","modified_gmt":"2021-08-12T05:30:14","slug":"chinas-2015-yuan-reform-sent-shock-waves-through-financial-markets-now-its-learning-its-lesson","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=17878","title":{"rendered":"China\u2019s 2015 yuan reform  sent shock waves through financial markets, now it\u2019s \u2018learning its lesson\u2019"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s central bank has shed some light on its latest foreign exchange policy six years on from a devaluation of the yuan that was meant to be a free-market reform but instead sent shock waves through global financial markets.<\/p>\n<p>The People\u2019s Bank of China (PBOC) has pledged to guide financial institutions to provide businesses with exchange rate risk management services based on the principals of \u201cactual needs\u201d for holding foreign currencies and balanced \u201cneutral risk\u201d to prevent sharp currency\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3144769\/chinas-2015-yuan-reform-sent-shock-waves-through-financial?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s central bank has shed some light on its latest foreign exchange policy six years on from a devaluation of the yuan that was&hellip; <\/p>\n","protected":false},"author":0,"featured_media":17879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/17878"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17878"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/17878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/17879"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17878"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}