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China to waive forex derivative trading fees for small companies

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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.

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