国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

More policies to support cross-border use of renminbi

By Wei Tian | China Daily | Updated: 2013-03-02 09:56

"The banks surveyed commented that a growing number of their customers recognize that they can gain a competitive advantage by being able to settle or quote in RMB, and that London banks have adapted and improved their services to make it easier for their commercial customers to settle in RMB," Boleat said in a report.

Meanwhile, the value of RMB foreign exchange products traded in London increased by 150 percent, demonstrating London's strong growth as part of the global RMB market and increasing liquidity.

"The RMB stock and liquidity in London is still not enough to support its role as a major offshore center," Cheng said.

By the end of 2012, the outstanding RMB deposit balance in Hong Kong was more than 600 billion yuan, while in London the amount may be in tens of billions, he said.

According to statistics from the Society for Worldwide Interbank Financial Telecommunication, by January, the yuan has overtaken Russia's rouble to become the world's 13th-largest global payment currency. "The 13th position does not match the status of the yuan as a major international currency," Cheng said.

Although transactions settled in yuan accounted for 8.4 percent of China's foreign trade, globally, yuan payments only accounted for 0.63 percent of the total volume.

The yuan will be welcomed worldwide, he said, as the currency is still in a gradual process of appreciation.

"The internationalization of the yuan cannot be manipulated by anyone. It is in line with a nation's economic strength. "

As a result, he said, there won't be a single dominant currency in the future, but more possibly a more diversified currency structure in the global market.

weitian@chinadaily.com.cn

Related Readings

Currency expands its reach

China to pursue RMB internationalization

Yuan sees more international use in Nov

Global use of yuan to see 'major leap' in 2013

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
贵溪市| 富锦市| 宣恩县| 麻江县| 稻城县| 远安县| 宜春市| 锡林浩特市| 安溪县| 阿拉善左旗| 丰镇市| 大理市| 伊川县| 九台市| 澄城县| 鹤峰县| 滨海县| 双柏县| 海城市| 三河市| 平昌县| 福安市| 云龙县| 安吉县| 旬邑县| 福清市| 丽江市| 抚顺市| 仁化县| 喀什市| 太和县| 龙里县| 镇赉县| 彭山县| 大化| 含山县| 若尔盖县| 通城县| 独山县| 顺义区| 嵊州市|