Bank Indonesia’s no-dollar rule for cash and non-cash domestic transactions is in effect, exposing some treasurers to more rupiah volatility. They are looking closely at the policy’s exemptions and grace measures to ...
The Reserve Bank of Australia has officially acknowledged digital currencies as part of its financial landscape, but will not impose any regulatory structure on them, for now.
China has decided to extend voluntary settlement of foreign exchange capital nationwide to make FX capital settlement easier for foreign-invested enterprises.
China’s new payment system will bolster capital flows on and offshore, providing a foundation for capital account convertibility, according to a HSBC top Asia cash and payments banker.