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China's FX center issues revised offshore yuan trading rules, effective Sep 1

China's FX center issues revised offshore yuan trading rules, effective Sep 1

  • Macro

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China Foreign Exchange Trade System (CFETS) issued revised guidelines for offshore yuan foreign exchange business on Sep 1, replacing the previous rules for yuan FX trading in free trade zones. The new guidelines, effective immediately upon release, supersede the 2024 document on free trade zone yuan FX trading.

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