China’s FX regulator just announced that it will strengthen supervision of the foreign exchange market in 2017, while improving policy transparency…
Read More
Tag: SAFE
China SAFE December data: continued capital outflows as Yuan fell
China’s foreign exchange regulator commented earlier today that the country’s forex reserves were ample and it has plans to deal with…
Read More
Chinese banks forced to cover tracks of forex regulator
China’s forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research…
Read MoreChina FX regulator and Ministry of Public Security to keep cracking down on underground banks
China’s foreign exchange regulator shared it will continue a campaign to crack down on the operations of underground banks that…
Read MoreChina forex trading retreats 9% in April
Data from Chinese financial regulator State Administration of Foreign Exchange (SAFE) indicates that China’s currency exchange market posted turnover of 9.79 trillion…
Read MoreChina’s SAFE again eases rules for retail foreign exchange transactions
Reuters is reporting that China’s foreign exchange regulator SAFE has issued new rules simplifying procedures for individuals exchanging foreign currencies,…
Read MoreChina's SAFE again eases rules for retail foreign exchange transactions
Reuters is reporting that China’s foreign exchange regulator SAFE has issued new rules simplifying procedures for individuals exchanging foreign currencies,…
Read MoreChina’s Forex regulator says it will increase risk control measures
China’s Forex regulator said over the weekend that it will ramp up risk control efforts, push ahead with regulatory reforms…
Read MoreChina tightens Forex trading rules in attempt to support the Yuan
The People’s Bank of China will require reserves to be set aside for buying all currency derivatives from October, this making it more expensive to bet on depreciation of the Chinese currency.
Read MoreChinese banks purchased $1.3 billion in FX in May, calming fears about possible capital flight
“Banks bought a net $1.3 billion worth of foreign exchange for clients in May, showing a major turnaround,” Wang Yungui, head of policy and regulations at the State Administration of Foreign Exchange (SAFE), told a news conference in Beijing Wednesday
Read More
