Regulatory roundup: Singapore-China agree direct FX trading; Real-time RMB in Taiwan
Singapore and China agree to direct currency trading; Taiwan's central bank has made renminbi available on the country's real time gross settlement system
Singapore and China agree direct FX trading
The Lion City and China will introduce direct trading between their respective currencies, a move that should help Singapore compete with Hong Kong and London as an offshore renminbi hub. The annoucement comes only one week after China approved direct trading of the British pound and the renminbi.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
