Foreign Exchange

China to establish RMB clearing bank in Thailand

China is Thailand's largest trading partner.

China to establish RMB clearing bank in Thailand

China is Thailand's largest trading partner.

Should Taiwan join the race of depreciaiton?

The issue of currency depreciation has been discussing in Taiwan for a long time.This is because Korea has successfully depreciated Won assisting...

Indonesia and China extend Bilateral Currency Swap Arrangement

BCSA represents strong financial cooperation between both countries.

RMB deposits in Hong Kong up 2.1% to RMB709.5b

Hong Kong-dollar deposits also rose 0.6%.

China, Iceland extend currency swap agreement

China extends currency swap deal with Iceland Deal worth US$569.1 million.

Chinese banking system net forex purchases hit US$4.48 billion

August increase suggests resumed capital inflows.

Lithuania and China sign securities regulation agreement

Permits direct Lithuanian investment in China’s financial markets.

Only 1 in 5 Asian SMEs use FX options and forward FX

Malaysian businesses are the least engaged in these products.

India forms currency swap agreements task force

Intends to help bridge the current account deficit.

China, Africa using more RMB for direct trade settlements

Bank of China says more direct RMB settlements needed.