State Administration of Foreign Exchange, Circular on Issues Relevant to Improving Administration of the Overall Foreign Exchange Conversion and Sale Position of Banks

国家外汇管理局关于完善银行结售汇综合头寸管理有关问题的通知

Lower limit of overall forex conversion and sale position of banks revised to below zero.

3 minute readMay 04, 2012 at 12:58 AM
By
clpstaff
& clp articles

Issued: April 26 2012
Effective: as of date of issuance

Main contents: The overall foreign exchange conversion and sale position of banks shall be subject to administration using a positive-negative

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