|
|
Article: CHINA'S CENTRAL BANK TO SET UP FOREIGN EXCHANGE DEPARTMENT.
- Article from:
- AsiaPulse News
- Article date:
- August 15, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BEIJING, Aug 15 Asia Pulse - The People's Bank of China, the central bank, will establish a foreign exchange department.
With the approval of the State Council, the Cabinet, major functions of the new department include: administering foreign exchange, regulating domestic foreign exchange market, conducting analysis on the global foreign exchange market and international capital flows and advising ...