China FX regulator denies new forex rules reports

China's State Administration of Foreign Exchange (SAFE) denied media reports on Friday 29 September that it intends to issue a new regulation governing foreign exchange today.

Asked about reports suggesting a new regulation is forthcoming, the head of general affairs department was quoted by AFX as saying that was "nonsense."

Another official with the press and information division under the general affairs department responded to the same question by saying, "The information about the issuance

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