Tag Archives: SAFE
According to a report released by China’s forex regulator, the Chinese mainland should be prepared for big swings in speculative capital flows amid global economic uncertainties. The State Administration of Foreign Exchange said the country could face pressure from large-scale …
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China’s aim to be a true liberal economy is heading in the right direction as the state regulator for FX over comes another hurdle and sets out the new offering of FX Swaps. The State Administration of Foreign Exchange (SAFE) announced Monday …
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China’s FX regulator the State Administration of Foreign Exchange (SAFE)announced that Chinese banks’ foreign exchange surplus from bank-to-client transactions reached $43.2 billion in July. In July, institutional and individual clients sold $136.1 billion in foreign exchange to banks while purchasing …
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Offshore Yuan trading is certainly becoming a hot topic lately. With many estimates that the Chinese government will slowly further loosen up the band for Yuan exchange rate many banks and brokers are becoming involved with various Yuan trading options. This opens way for both hedging and speculating.
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Now that’s a surprising turnaround, Gain Capital had a major issue with the China regulation back in 2008-2009 which severely affected its profitability – as a direct result of that Gain’s income in H1 2009 was $11 million less than in same period …
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Not sure if I’m dreaming or not but it would appear that the Chinese regulator has approved the first ever bank in China to launch an online foreign exchange sale and purchase business. The Bank of China is the first …
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