The People’s Bank of China announced on Feb. 27 that it will cut the risk reserve requirement ratio for forward forex sales to zero from 20 percent, effective today. The last adjustment was made in ...

China’s central bank will cut the foreign exchange risk reserve requirement ratio for forward foreign exchange sales to 0 ...

Optimization of forward points (the difference between the spot and the forward rate for a currency pair) enables companies to take advantage of these differences, which are driven by the interaction ...

We investigate the optimal time-consistent use of foreign exchange interventions (FXI) in a small open economy model driven by endowment and portfolio flow shocks, with endogenous FX market depth and ...