In an effort to reduce reliance on US dollars, Southeast Asian neighbours launch new framework to facilitate corporate access to all three currencies in their local market
Hong Kong and Singapore might present themselves as the only spots to host RTCs. But corporates say setting up in China's capital can see a treasury unit play another role entirely...
As part of an extensive regulatory overhaul, the Bank of Thailand issues a brace of new relaxations to facilitate FX transactions under plans initiated in June.
A Bloomberg special report, “FX Trading in ASEAN and India”, examines the macroeconomic and sociopolitical factors impacting the region’s FX developments.
The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.