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Bank of America Merrill Lynch stress test predicts $520 bn drop in China's FX reserves amid capital outflows
Title Matchkaggle-ho-014762
Case Filed-24527House OversightBank of America Merrill Lynch stress test predicts $520 bn drop in China's FX reserves amid capital outflows
November 11, 20251p2 persons
Case File
d-24527House OversightBank of America Merrill Lynch stress test predicts $520 bn drop in China's FX reserves amid capital outflows
Financial Record
The passage is an internal research note forecasting currency volatility and reserve declines. It contains no specific allegations, transactions, or links to high‑level officials, making it a low‑valu Predicts USD/CNY could reach 7.25 by end‑2017 due to capital outflows. Projects a $520‑$220 bn reduction in China's foreign‑exchange reserves in 2017. Identifies illicit capital outflows as a factor
Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #014762
Pages
1
Persons
2
Integrity
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