HKMA Expands Offshore Yuan Liquidity Scheme, Names 12 Banks As Providers
The Hong Kong Monetary Authority (HKMA) will increase the liquidity available to banks participating in its offshore yuan market scheme to 22 billion yuan ($3.1 billion) from 20 billion yuan, appointing 12 banks as primary liquidity providers for a new two-year term. The designations will… Read More
Read more in: Asia | Tagged hkma, liquidity providers, yuan