trending Market Intelligence /marketintelligence/en/news-insights/trending/76VPaPZv5uYztiDheAaqpA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Bank of Korea to pick 2 clearing banks for won-yuan direct trading

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Report: Bank of Korea to pick 2 clearing banks for won-yuan direct trading

The Bank ofKorea is expected to pick two local banks to provide clearing andsettlement services for the upcoming South Korean won-Chinese yuan directtrading market in Shanghai, Reuters reported March 31, citing "sourceswith knowledge of the matter."

The central bank is expected to make a decision on thematter in early April after applications closed in the week of March 28.However, it is not yet clear how many banks will be chosen.

The currency market will be launched by June 30.