Singapore broker said it has completed FX futures trades for Chinese clients
DBS China, a unit of Singaporean bank DBS, said it has
completed a series of renminbi foreign currency derivatives
transactions for corporate clients across China under the
countrys new State Administration of Foreign Exchange
Previously any mainland credit linked to debt from offshore
firms had to be pre-approved by SAFE and was subject to quotas
and checks, unless the security provider owned the debtor
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