[G4G] Caixin Online: China expands cross-boarder yuan settlement

Text of China's statement on loosening yuan rate. from MarketWatch.com - Top Stories
The following is the text of a People's Bank of China statement Saturday on increasing the exchange-rate flexibility of the yuan, or renminbi (RMB) currency.

 

 

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Caixin Online: China expands cross-boarder yuan settlement

via MarketWatch.com - Top Stories on 6/20/10

After nearly one year of a pilot program, cross-border trade settlement based on the yuan will expand to 20 provincial-level regions in China and all of China's trading partners, Caixin Online reports.

 

 

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