Foreign Exchange
RMB jumps to 8th spot as most traded currency in the world
Market share is now up to 1.49%.
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.
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.
China and Albania in currency swap deal
Deal is worth US330 million.
China and Hungary sign FX swap deal
Swap is worth US$1.62 billion.
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HSBC Hong Kong shines at ABF Retail Banking Awards
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1. DBS and OCBC expected to deliver steady Q1 net profits 2. Financial firms lead LinkedIn’s top companies in Singapore 3. OCBC’s green car loans surged sixfold as new EV brands pique buyers 4. Endowus launches full-service digital wealth platform in Hong Kong 5. HK-based fintech KPay expands operations to SingaporeAwards
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