A new centre set up in Yiwu, Zhejiang Province, will expand the use of the yuan settlement in cross-border trade with Africa.
June 1, 2023BI and BOK will enable direct exchange rate quotations between the Korean won and the Indonesian rupiah in interbank trading.
May 3, 2023Due for implementation in Q4, the new system will apply an industry-wide common standard to investment product risk ratings to improve reliability and comparability for investors.
January 30, 2023The stablecoin is expected to help investors avoid the costs and exchange rate risk associated with converting AUD into USD to trade in crypto markets.
March 25, 2022About 20,000 investors from the GBA cities participated in the Wealth Management Connect programme by the end of 2021.
March 10, 2022Six domestic banks and five foreign banks were selected to serve as market makers of the KRW-RMB direct trading market in 2022.
January 4, 2022The selected banks will play a leading role in price formation and in supplying liquidity to the KRW/RMB direct trading market.
January 3, 2021As part of measures to lure foreign investment back into Sri Lanka, the government also plans to channel banks' funds into the stock market.
September 16, 2020In March, the FSC will announce which banks qualify to issue new structured note products, after the regulator eased regulations on the investment targets they can be linked to.
January 7, 2020