Tag: capital account

The IMF could announce this week whether it wants to add renminbi to the special drawing rights basket of currencies. Some banks are betting that China has done enough.

China's central bank governor has set goals for individual cross-border investment, allowing capital account convertability; Malaysia sets deadlines for financial netting; and MOFCOM opens more sectors to foreign investment

China’s capital account creaks open further in the Shanghai FTZ; India warns of dodgy export advanced payments; Singapore outlines securities-based crowd funding strategy