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Corporate Banking

BOC U.S.A.’s Corporate Banking team provides trusted advice and support to clients based in the U.S., China and around the world. Leveraging their global perspective and in-depth knowledge of the Chinese and U.S. markets, our expert team of bilingual professionals offer tailored solutions to address your business needs.

LATEST NEWS

Exchange Rates
Currency Exchange Rate
CNY 6.6704
EUR 0.8956
JPY 158.8160
GBP 0.7492
CHF 0.8253
AUD 1.4556
CAD 1.4188
NZD 1.7839
HKD 7.8453
SGD 1.2818
Exchange rates are quoted as foreign currency units per 1 US dollar

New York, NY (GMT-5)

The listed foreign exchange rate is for reference only, and the transaction price should be subject to the actual trading price of local branches.

 

Data sources from the European Central Bank

DISCOVER AND LEARN

In August 2020, the Federal Reserve released its “Statement on Longer-Run Goals and Monetary Policy Strategy,” which established a new framework for its interest rate policy. 
The Federal Reserve has made QE (quantitative easing) a conventional policy tool and is trying to monetize both government debt and Federal fiscal policy.
Since the start of the financial turmoil caused by the COVID-19 outbreak, the Fed has done everything within its power  to support the U.S. economy, and the effects are beginning to show - easing liquidity pressures and calming financial market turmoil.
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