People's Bank Of China Starts Forex Operation In Singapore

- By FX Markets Staff
- @FXMarkets_
- 10 May 1993

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

China's central bank has given a vote of confidence to Singapore as a foreign exchange dealing center by establishing a trading operation in the city. Among the top Chinese bankers now based at offices on the 28th level of UOB Plaza, next to Raffles Place, is the People's Bank of China head of foreign exchange Zhu Wen Xiang.

The Chinese central bank has established a Singapore company as its vehicle to deal in the money markets. Formed at the end of 1982 as a wholly-owned subsidiary of the People

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com