Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker

Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker About 6 trillion yuan of cross-border yuan payment was for securities investment, thanks to China#39;s accelerated opening of its capital markets, Huo Yingli, director of macroprudential policy bureau at the People#39;s Bank of China told a conference in Shanghai.

from Moneycontrol World News https://ift.tt/32jkxnw
Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker Reviewed by VidhanSabha on November 06, 2019 Rating: 5

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