The notice seeks to standardise currency broker quotations and refine data presentation methods within the interbank market.
September 12, 2023The measures will support export businesses entering new markets, bidding for overseas projects, and making investments in strategic industries.
August 17, 2023The higher cap, applicable to both financial and nonfinancial businesses, is expected to encourage more capital inflows and provide support to the yuan.
July 21, 2023The eAUD was traded for foreign currency stablecoin USDC, representing the first foreign exchange transaction using the RBA's pilot CBDC.
May 19, 2023The fine is the largest issued against a Chinese bank this year. In 2022, Bank of Shanghai had more complaints against it than any other corporate bank.
May 8, 2023The CFTC ordered the operator of a fraudulent multilevel marketing scheme to pay a $1.7bn penalty and a further $1.7bn in restitution.
May 1, 2023The BSP approved amendments to make it easier for clients of large banks to hedge peso-US dollar exposures through NDFs.
April 30, 2023The RBI removed a requirement for Indian residents to repatriate funds that lie idle for 15 days in GIFT City bank accounts. Restrictions on interest-bearing accounts also relaxed.
April 27, 2023Chinese regulators are said to also be considering a proposal to link a CME Group derivatives product with its China-listed counterpart.
April 24, 2023Foreign institutional and central bank-like investors investing in China's bond market can apply to become CFETS members and participate in the FX market.
April 20, 2023