Related News
Interbank forex trade rules eased
Print Edition
CHINA has simplified procedures to allow financial institutions to trade on the interbank foreign exchange market to improve transparency in foreign exchange management, the forex regulator said yesterday.
Starting from January 1, financial institutions in China with license to trade spot foreign exchange and financial derivatives can participate in the interbank market without having to get administrative approval, the State Administration of Foreign Exchange said in an online statement.
Money brokers, which serve financial institutions in foreign exchange trade, are also allowed to trade financial derivatives, foreign exchange, and make interbank borrowing and lending deals.
The new rules aim to amplify the role of the market, improve regulatory framework, clean up outdated laws and regulations, and improve transparency of the market, SAFE said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
