Joke Collection Website - Bulletin headlines - What is the solution to the liquidation of "T+ 1" in the foreign exchange market?
What is the solution to the liquidation of "T+ 1" in the foreign exchange market?
Measures for centralized settlement of local and foreign currencies in the inter-bank foreign exchange market. The settlement of foreign exchange funds of members trading in the inter-bank foreign exchange market shall be handled through the unified foreign exchange account opened overseas by China Foreign Exchange Trading Center, and the settlement of RMB funds shall be handled through the RMB account opened by members in the People's Bank of China. At present, local and foreign currency funds are paid to the income account at the same time on the second day of the trading day, that is, T+ 1 liquidation.
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