China moves foreign exchange reform ahead with swap deals with local banksJANE LANHEE LEE
In a video address to the Global South Local Currency Cooperation Forum held on Tuesday, Tao Ling, deputy governor of the People's Bank of China, said that local currencies used in cross-border trade and investment activities would help reduce foreign exchange costs, mitigate currency risks, fac...
KABUL, Jan. 26 (Xinhua) -- Afghanistan's central bank announced that it will inject 25 million U.S. dollars on Monday in a bid to maintain the stability of the national currency, the afghani. "The bidders, including moneychangers and private banks, should deposit the necessary money in c...
国际收支平衡表:储备资产:外汇:货币和存款:本地银行在12-01-2011达0.000百万美元,相较于12-01-2010的0.000百万美元保持不变。国际收支平衡表:储备资产:外汇:货币和存款:本地银行数据按年更新,12-01-2003至12-01-2011期间平均值为0.000百万美元,共9份观测结果。该数据的历史最高值出现于12-...
China and its trade partners establishing more local currency settlement arrangements can help lessen their dependence on the US dollar, bring down transaction costs and make foreign exchange management more straightforward, Hong said. Payments...
2.LCS customers may open a Sub-Special Purpose Non-resident Account (Sub-SNA) in Yuan currency for the purpose of receiving funds from China or for the purpose of sending funds. 3.LCS customers who conduct foreign exchange transactions, must meet the requirements required by the regulator in ...
更多“Foreigners can change their money into the local currency at this bank.()”相关的问题 第1题 Bank of China is an()bank to convert foreign currency. But you can also get your money e xchanged in other banks, for example, Industrial and Commercial Bank of China, China Construction ...
Dr Njoroge says the proposal is based on the misplaced context that there exists a pool of idle foreign currency deposits in commercial banks.Saying the cons of issuing a Kenyan dollar bond would surpass the pros, Dr Njoroge warned the issuance would disenfranchise retail investors whil...
relevant branch or office thereof is located, and any reference to“local banking days” in relation thereto is to days other than Saturdays and Sundays on which commercial banks are open for general business, including dealings in foreign exchange and foreign currency deposits, in such city or ...
Foreign Currency Equivalent means, with respect to any amount in Dollars, the amount of any Foreign Currency that could be purchased with such amount of Dollars using the reciprocal of the foreign exchange rate(s) specified in the definition of the term “Dollar Equivalent”, as determined by ...