Officials from the PBOC, MOF and CSRC reportedly met with foreign and domestic banks to discuss ways to protect China's foreign assets from possible future US sanctions.
May 2, 2022The BOT is scrapping a $50mn annual limit on lending to unaffiliated companies in foreign countries, as well as limits on purchases of overseas real estate.
April 24, 2022Sri Lankan banks are charging heavy premiums to execute FX transactions, claiming to not have US dollars available.
October 4, 2021The banks helped grains merchants trade in deliverable FX forwards in contravention of foreign exchange regulations.
January 27, 2021The central bank said the directions to traders were aimed at facilitating the smooth flow of the local foreign exchange market, and that it respects bid-offer practices in the FX market.
September 14, 2020Investors are allowed to invest up to $200,000 in foreign securities without going through a Thai intermediary, and restrictions on outward fund transfers have been eased.
November 8, 2019