The South Korean National Agricultural Cooperative Federation Bank Beijing Branch will become a member of the interbank RMB foreign exchange market.

The China Foreign Exchange Trading Center issued a notice stating that according to the relevant regulations of the interbank RMB foreign exchange market, the Beijing Branch of South Korea Nonghyup Bank Co., Ltd. meets the conditions for membership in the interbank RMB foreign exchange market and will become a member of the interbank RMB foreign exchange market from June 23, 2025, and may engage in RMB foreign exchange spot transactions.