What is the foreign exchange Adjustment market

Adjustment market is called “adjustment” in our country, which is outside the official market, the most primitive foreign exchange market in which enterprises and institutions buy and sell amount and borrow from each other.

Although China’s foreign exchange regulation market is primary and limited, it plays a positive role in the development of the national economy.

In October 1980, the Chinese bank introduced the foreign exchange adjustment and quota loan service, which allowed reservation units to sell or lend idle foreign exchange to units in need of foreign exchange at the price set by the state in order to achieve balance and shortage adjustment.

Its appearance played a huge role to the national economy development of our country.