BEIJING, Dec 9 (Reuters): China will allow financial firms apart from banks to trade in its interbank foreign exchange market from January 1, the government said on Tuesday in another step to deepen the country's financial markets.
Sources with knowledge of the matter had told the news agency in the past two months that China was set to relax the rules for its interbank currency market by allowing non-banks, including brokerages, insurers and trust firms, to trade in the interbank foreign exchange market.
China to allow non-banks in interbank forex trade
FE Team | Published: December 10, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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