• The Chinese authorities have imposed new restrictions on the purchase of foreign currency

Market news

3 January 2017

The Chinese authorities have imposed new restrictions on the purchase of foreign currency

Today the National Bank of China introduced new restrictions on the purchase of foreign currency in the country. Now, in order to buy dollars or euros you must fill out an application. Authorities released 11 possible options, such as travel and medical assistance. The list does not include items such as buying a house abroad, insurance and investments.

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