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【Financial Str. Release】PBOC Shanghai Head Office pushes cross-border RMB settlement to help enterprises better hedge exchange rate risks
Shanghai Head Office of the People's Bank of China (PBOC), the central bank, has urged related commercial banks to crank up cross-border RMB service-related financial supports to help enterprises better hedge exchange rate risks and fight the epidemic.
May13,2022
China invites public opinions on optimized cross-border RMB policies
China started soliciting public opinions on the draft circular over further optimizing cross-border Renminbi (RMB) policies last Friday, to better serve the real economy and facilitate trade and investment, according to an announcement posted on website of the Chinese central bank, the People's Bank of China (PBOC).
September21,2020
Guangdong cross-border RMB settlement hits 2.85 trln USD in 10 yrs
The cross-border RMB settlement in Guangdong reached 20 trillion yuan (2.85 trillion U.S. dollars) over the past 10 years ending in October, according to the Guangzhou branch of the People's Bank of China (PBOC).
November28,2019
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