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State Administration of Foreign Exchange

Coverage of State Administration of Foreign Exchange in the Nexus archive.

Earliest in view: May 18 · 12:00 UTCMost recent: Jul 15 · 09:21 UTC
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Recent coverage
  • BUSINESSJul 15 · 09:21 UTCASIA TIMES
    All that glitters isn’t gold for Asia’s central banks

    The People’s Bank of China's State Administration of Foreign Exchange (SAFE) has added to reserves for 20 consecutive months, including a 15-ton purchase in June, raising concerns about the sustainability of this trend.

  • BUSINESSMay 18 · 12:00 UTCSCMP WORLD
    As China’s yuan emerges as a global currency, Beijing faces a balancing act

    China's yuan has reached a three-year high against the US dollar as Beijing works to establish it as a global currency. The head of China's State Administration of Foreign Exchange has emphasized the need for a more open and secure foreign exchange system while maintaining yuan stability. Authorities are balancing internationalization efforts with risk management priorities.