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INTERNATIONAL AFFAIRS
CHINA ALLOWS RBI TO ENTER FOREX MARKET
January 13, 2016
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1.China has allowed a second batch of foreign institutions to enter China’s interbank foreign exchange market, the country’s central bank said on Tuesday.

2.Six central banks and international financial institutions, including Reserve Bank of India (RBI), Monetary Authority of Singapore and Bank of International Settlements, are now allowed to trade spot products, forwards, swaps, currency swaps and options in China’s domestic foreign exchange market, it said.