Foreign Exchange

China, Iceland extend currency swap agreement

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.

China denies foreign exchange withdrawal

Chinese banks post forex deficit of US$400 million in June.

China banks' June net forex sales plunge 62%

Dramatic drop suggests accelerating capital outflow.