Wednesday, June 02, 2021

China - People's Bank of China (PBOC) raises requirement for banks' forex deposits

China's central bank has decided to increase the amount of foreign-currency deposits that financial institutions need to hold as reserves starting on June 15, a move aimed at curbing sell-offs of foreign currencies after the renminbi's value climbed to a record high.

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New Zealand: 2026 opening dates for capped Working Holiday Schemes confirmed

The 2026 opening dates for capped Working Holiday Schemes (WHS) have now been confirmed. Once each scheme opens, applications will be open u...