CT has compiled the key takeaways of China’s new cross-border renminbi cash-pooling policies, to give treasurers and CFOs a clear view of what’s been changed.
Treasurers at MNCs, Chinese multi-nationals, and banks confirm that new measures raising the ceiling for RMB x-border sweeping transactions were welcomed .
Hedging restrictions have been lifted for India’s importers, sparking an overall easing of red tape for the country’s corporates, and facilitated by a stable rupee, experts believe.
Jun 3, 2014
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