China to open up interbank foreign exchange market

li-keqiang-china-premier
Li Keqiang

Foreign central banks are set to gain access to China's interbank foreign exchange market, the country's premier Li Keqiang revealed today (September 10), at a World Economic Forum event in Dalian.

It follows the decision to open the interbank bond market to overseas institutions, including central banks and sovereign wealth funds, in July – hailed at the time as a key move in the process of renminbi internationalisation.

"Going forward we will provide access for overseas central bank institutio

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