0
PBOC Tightens Dollar Purchasing Oversight
(11 September 2023 – China) The People's Bank of China (PBOC) is increasing oversight of major dollar purchases by domestic firms amid rising RMB depreciation pressure. Domestic corporates […]
(11 September 2023 – China) The People's Bank of China (PBOC) is increasing oversight of major dollar purchases by domestic firms amid rising RMB depreciation pressure. Domestic corporates […]
(8 September 2023 – Global) How open are CFOs to outsourcing FX processes? East & Partners proprietary Global Business FX analysis reveals that over eight out of ten […]
(31 August 2023 – United States) The odds of the US Dollar appreciating further beyond its 3.5 percent rise in the last month depend more Chinese economic growth […]
(23 August 2023 – The Netherlands) Despite an expanded Brazil, Russia, India, China and South Africa (BRICS) alliance and new reserve currency potential to challenge US Dollar hegemony, […]
(22 August 2023 – Europe) European corporates have been detrimentally impacted by lower FX market volatility in H1 2023 as the USD weakens steadily. The EUR and GBP […]
(21 July 2023 – India) India has ratified an agreement with the United Arab Emirates (UAE) allowing the country to settle trade in Indian Rupees (INR) instead of […]
(20 July 2023 – China) The new head of the People’s Bank of China (PBoC) is expected to speed up capital market liberalisation and accelerate Renminbi (RMB) internationalisation. […]
(20 July 2023 – Asia) Hong Kong (HK) and Singapore fight it out to be crowned the most attractive foreign exchange (FX) trader location ahead of New York, […]
(10 July 2023 – Australia) OFX has partnered Shift to integrate the group’s foreign exchange (FX) offering into the Shift Business Overdraft. The integration enables Shift Business Overdraft […]
(29 June 2023 – United States) Global reserve banks concur that the US Dollar (USD) will retain its standing as “the” dominant global reserve currency over the next […]