Foreign Exchange
Philippines, Bank of China launch Domestic Renminbi Transfer Service
Service will integrate with the renminbi global payment system.
Philippines, Bank of China launch Domestic Renminbi Transfer Service
Service will integrate with the renminbi global payment system.
South Korea looks for more bilateral currency swap deals
Koreans reducing dependence on US dollar.
China’s banking system's net forex purchases rocket in September
Jumps 3,600% to US$20.7 billion from US$4.5 billion in August.
Singapore, China will allow direct trading between currencies
Will strengthen Singapore's status as leading offshore RMB hub.
RMB jumps to 8th spot as most traded currency in the world
Market share is now up to 1.49%.
South Korea, Malaysia in currency swap deal
Swap agreement is worth US$4.7 billion.
Thailand to have renminbi clearing bank
Will help boost trade settlements renminbi.
ECB and China in US$57 billion swap agreement
Deal will initially cover three years.
India speeds-up internationalization of the rupee
Will launch first offshore rupee bond program.
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.
Taiwan includes renminbi in central bank forex reserves
Recognizes globalization of the renminbi.
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.
Bank of China and SGX agree to develop RMB market
Sign MoU to grow Chinese business.
BNP Paribas helps investors detect mispricings in 21 EM currency pairs in Asia
Check out the new EM STEER.
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