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Barriers to use of renminbi removed
Barriers to use of renminbi removed
MONDAY, SEPTEMBER 28, 2020
Chinese monetary authorities will further remove barriers to use the renminbi in domestic and overseas markets, and strengthen the macro-prudential management of cross-border capital flows, a senior central bank official said on Sunday.PBOC reassures market after yuan slips to 7 a dollar
PBOC reassures market after yuan slips to 7 a dollar
MONDAY, AUGUST 05, 2019
Renminbi's exchange rate will remain at a reasonably stable equilibrium, said the central bank on Monday morning, after the currency fell past 7 against the US dollar, the first time since May 2008.Renminbi exchange rate to increase: report
Renminbi exchange rate to increase: report
SATURDAY, JULY 13, 2019
Interest rates in China's bond and loan markets will tend to the downside in the second half of the year, while the renminbi exchange rate is set to increase modestly over the same period, according to an article published in the 21st Century Business Herald on Friday.