| From Reuters: China will permit designated banks to trade yuan/foreign currency swaps on behalf of their clients starting March 1, the country's foreign exchange regulator said.
Non-bank clients will be allowed to sign agreements now and exchange the yuan and foreign currencies, together with their interest rates, at a future time, the State Administration of Foreign Exchange said in a statement published on its website, www.safe.gov.cn. late on Sunday...........................................Full Article: Source
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