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Explainer: How China steadily advances RMB internationalization

oktober 11, 2022by Reacties uitgeschakeld voor Explainer: How China steadily advances RMB internationalization

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BEIJING, Oct. 11 (Xinhua) — With solid efforts to promote yuan internationalization, China has seen a strengthened role of renminbi (or RMB) across the board, from international payment and settlement, investment and financing, and reserves to pricing.

The People’s Bank of China (PBOC), the country’s central bank, published an article Sunday, saying it will steadily advance the currency’s internationalization a

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