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foreign exchange

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foreign exchange

System by which one currency can be converted into the money of another; US dollars, euros, and Japanese yen are examples of foreign currencies into which a holder of pounds sterling may convert their money. The foreign exchange market includes trading between governments, central banks' other financial institutions, multinational corporations, and currency speculators.



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? Mentioned in ? References in periodicals archive
 
of the People's Republic of China is an administration tasked with drafting rules and regulations governing foreign exchange market activities, and managing foreign exchange reserves, for the People's Bank of China.
China Allows Foreign Exchange Cash Pooling by Mondaq Business Briefing
SHANGHAI: China s foreign exchange regulator said it had raised the limits on securities investment by foreign institutions to one billion dollars from 800 million dollars starting Monday.
China raises foreign fund limits to one bln dlrs by Times of Oman (Muscat, Oman)
China's foreign exchange regulator said it had raised the limits on securities investment by foreign institutions to one billion dollars from 800 million dollars starting Monday.
China raises foreign fund limits to one bln dlrs by AFP / AFP Global Edition
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