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BOC Yunnan Branch completes first direct RMB remittance deal to Myanmar via HK

August 15, 2019


Abstract : Bank of China (BOC) Yunnan Branch completed recently its first cross-border direct Renminbi (RMB) remittance deal to Myanmar via Hong Kong, taking a concrete step further in the internationalization of the Chinese currency in the region.

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Keyword: BOC Yunnan Branch RMB remittance

Reading:

China's Yunnan sees trade with ASEAN countries rise 20pct in Jan-July

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Southwest China border province sees growing trade with B&R countries

Chinese researchers develop new type of high-yielding rapeseed

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