China will further open up up fx marketplace: regulator – WHTC News

Saturday, July 06, 2019 nine:forty two p.m. EDT

A China yuan take note is seen in this illustration picture May possibly 31, 2017. REUTERS/Thomas White/Illustration

BEIJING (Reuters) – China will fend off cross-border money circulation dangers and carry on to open up up its international trade marketplace, the fx regulator mentioned on Sunday.

The regulator will deepen fx reform and bolster a crackdown on fx-relevant irregularities, the Condition Administration of International Exchange mentioned in a assertion on its website.

(Reporting by Min Zhang and Se Young Lee Modifying by Paul Tait)

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