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Russia, China seal CNY 150bn currency swap deal

China and Russia’s ever-strengthening trade partnership develops further as the sovereign currencies of the two nations become closer, and access to yuan and ruble liquidity from within both nations is advanced

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China looks to open interbank FX market to brokers

The highly coveted Chinese FX market is showing signs of becoming more accepting toward international business, representing the largest potential step forward in liberalizing the nation’s electronic trading business

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