Summary | This is up to the highest international standards.The
local banking sector is still very stable and resilient,” he
said.Yuen blamed it on the devaluation of the yuan since
August.The People's Bank of China devalued the yuan by 2 per
cent on August 11.The currency has lost over 5 per cent against
the US dollar since."The situation has stabilised from December ...
local banking sector is still very stable and resilient,” he
said.Yuen blamed it on the devaluation of the yuan since
August.The People's Bank of China devalued the yuan by 2 per
cent on August 11.The currency has lost over 5 per cent against
the US dollar since."The situation has stabilised from December ...
scmp.com | 29 January 2016