China Foreign Exchange Trade System Extends Fee Waiver for 12 Direct Trading Currency Pairs

China Foreign Exchange Trade System said it would continue temporarily waiving trading fees for certain direct trading currency pairs. According to Jin10, the announcement said the waiver covers both auction and inquiry trading fees for 12 direct trading pairs between the renminbi and the Singapore dollar, ruble, ringgit, New Zealand dollar, South African rand, Saudi riyal, UAE dirham, Polish zloty, Hungarian forint, Turkish lira, South Korean won, and Thai baht. The waiver period was set at three years.