With the help of ANZ bank, China’s largest cereal processor and trader has undertaken a bank payment obligation. It also marks the first deal of its type involving an Australian bank.
Swift has recently published research providing up-to-date details on those running bank payment obligations. At present, 25 corporates are involved in live transactions.
Recent tweaks to FX laws have caught treasurers by surprise. With increased anxiety about currency speculation and volatility, expect to see more in Asia-Pacific.
Asian nations built stockpiles of foreign reserves during 2013. Will increased FX reserve holdings help against expected volatility and which countries are prepared? CT asks the experts.
Whoops! The US Fed backtracked on plans to slow down asset purchases. The rupiah and the rupee were dented badly on the assumption it would; they are now recovering. How will Asia’s currencies behave now? CT asks the ...