Biz News Flash
Authorities OK currency trades
(China Daily)
Updated: 2011-05-26 13:54
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China will allow two banks to enter the interbank foreign exchange market, according to two separate statements on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System.
The banks include Cathay United Bank Co's Shanghai unit, and Shandong Boxing Rural Cooperative Bank, according to the statements.
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