News Formal

China to waive forex derivative trading fees for small companies

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

SHANGHAI : China will waive foreign exchange derivative trading fees for small companies to help them better hedge against currency risks in a virus-hit economy, the operator of China's interbank market said on Wednesday. The China Foreign Exchange Trading System (CFETS) said in a statement that fees woul

SHANGHAI : China will waive foreign exchange derivative trading fees for small companies to help them better hedge against currency risks in a virus-hit economy, the operator of China's interbank market said on Wednesday.

The China Foreign Exchange Trading System said in a statement that fees would be waived for two years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China lockdowns drag on earnings of chipmakers, industrialsIndustrial conglomerates GE and 3M, and chipmakers Texas Instruments and SK Hynix cautioned that China's COVID-19 led stringent curbs were further disrupting battered supply chains and hurting their revenue.China's 'zero Covid' policy to combat the Omicron variant has brought fresh lockdowns in many citie
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »