PBOC Permits Foreign Institutions to Participate in Domestic Interbank FX Market

Posted on 11/26/2015

The People’s Bank of China (PBOC) announced that a number of foreign central banks, sovereign funds and international financial institutions have been registered to participate in China’s interbank foreign exchange market. The PBOC is allowing these institutions to trade spot futures, forwards, swaps, currency swaps and options in China’s domestic foreign exchange market. This move […]

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