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Financial Institutions Services

As the oldest and largest Chinese bank in the U.S., Bank of China U.S.A. provides comprehensive services for Financial Institutions in the U.S. and Greater China, leveraging our expertise and network in and across both markets. Our mission is to strengthen the bridge between our U.S. and Chinese clients, including banks, broker dealers, insurance companies, asset managers, exchanges, clearing houses, and public sector organizations.

LATEST NEWS

Exchange Rates
Currency Exchange Rate
Exchange rates are quoted as foreign currency units per 1 US dollar

New York Time (UTC-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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