Foreign Exchange
What you need to know about business foreign exchange
Banks across Asia are gearing up to fight for regional dominance of one of the most important and quickly growing products - Business Foreign...
What you need to know about business foreign exchange
Banks across Asia are gearing up to fight for regional dominance of one of the most important and quickly growing products - Business Foreign...
Here are 5 factors affecting the offshore RMB liquidity growth
China's credit cycle is one.
StanChart's RMB globalisation index surged 2.4% to 1,220 in October
Is it finally back on track?
HKMA's aggregate balance hit $163.9b this week
Forex reserve dropped US$1b.
StanChart, ABC ink MOU to provide RMB clearing services in the UK
Will boost London's post as top offshore RMB hub.
Taiwan's RMB deposits hit new high of 123.2b in October
That's in domestic and offshore banking units.
Britain looks into establishing renminbi clearing bank
Needed to improve liquidity.
StanChart establishes Global RMB Trading team for clients
It'll comprise traders across key markets.
StanChart RMB globalisation index inched 3% higher to 1,183
Here's what boosted this growth.
State Bank of Vietnam launches real-time FX trade monitoring system
Partners with Thomson Reuters.
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.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. Public Bank's LPI Capital purchase may boost earnings, ROE 2. Airwallex Capital launches Airwallex Yield for asset management 3. Citi, Mastercard launch global cross-border payments 4. Why Philippine banks, insurers embrace hyper-personalized services 5. Hong Kong to rename ‘virtual banks’ to ‘digital banks’Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Commentary
Breaking barriers: Building the future of cross border payments in Southeast Asia
AI Governance: Navigating the Balance Between Innovation and Ethics