Chinese Yuan

2021.09.06

08:31

China, Indonesia formally start partnership on local currency settlement framework

Asian Tech Press (Sep 6) -- China's central bank announced on Monday the official launch of cooperation in the local currency settlement framework with Indonesia.

2021.07.23

07:14

Report: Central banks will accelerate rise of Chinese yuan

According to an annual report released by the Official Monetary Financial Institutions Forum (OMFIF), a London-based think tank, 30% of central banks plan to increase their holdings of Chinese yuan in the next 12-24 months.

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