Brad Setser says growth in a separate PBOC FX asset series is modest, suggesting no sharp shift in China’s reserves. It may reflect rising external CNY lending, but settlement data are still needed to confirm.
published
Brad Setser says growth in a separate PBOC FX asset series is modest, suggesting no sharp shift in China’s reserves. It may reflect rising external CNY lending, but settlement data are still needed to confirm.
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I sold the $META $655 Puts 9/25 for $7.60
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