Brexit re-ignites RMB fall, China outflows
Britain's vote to leave the EU has sparked more renminbi weakening and capital outflows from China. This trend could wreak havoc on markets, says Chi Lo of BNP Paribas Investment Partners.
Fears are rising that Britain’s vote to leave the European Union has sparked another bout of renminbi depreciation and capital outflows from China, on the back of a strengthening dollar.
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