FOREX FLUCTUATION

siaInfo Services 05-21-2009 China to Loosen Forex Fluctuation Margin Limit BEIJING, May 21, 2009 (SinoCast Daily Business Beat via COMTEX) -- The China's State Administration of Foreign Exchange (SAFE) is to loosen restrictions on fluctuation margin of listed foreign exchange rates so as to give banks more freedom to price foreign exchange and consolidate the marketization basis of renminbi exchange rate forming. Although China's foreign exchange market developed well in recent years, but its depth