PBOC Advisor Fan Gang: China's intervention in FX reserves is not big –BTV

An adviser to the Chinese central bank (PBOC), Fan Gang, crossed the wires via BTV last minutes, commenting on fx intervention and capital outflows.

Key Headlines:

China's intervention in FX reserves is not big

Policymakers unlikely to go further with outflow curbs

USD/JPY rebounds beyond 117 as treasury yields rally

Friday’s rebound in USD/JPY gained further traction in the Asian session this Monday, driving the rate back above 117 handle amid holiday-thinned mark
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PBOC’s Gang: China's declining forex reserves is good news in long term

More comments flowing in from the PBOC adviser, Fan Gang, as he continues to speak in a scheduled interview with Bloomberg TV today. Key Headlines:
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