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China to allow interbank borrowing services from 20th March - Livesquawk

China to allow interbank borrowing services from 20th March - Livesquawk

News
Ryan Littlestone
17/03/2017 | 08:32 GMT

China's SAFE has been promoting interbank borrowing for FX hedging purposes

China will allow the interbank borrowing to use FX denominated bonds. It's all part of the "opening up" process they are undertaking, especially in the FX market.

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