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Renminbi (RMB) - Articles and news items
Currency news / 26 June 2014 / SWIFT
SWIFT’s RMB Tracker shows a steady rise in the use of the RMB by all regions when doing business with China and Hong Kong…
Sonepar has become the first French company to implement two-way RMB Cross-border Cash Pooling in the Shanghai Free Trade Zone (FTZ)
May 2014 / 12 May 2014 / Stefan Harfich, head of bank relations APAC at Siemens' regional treasury centre in Hong Kong
The ongoing internationalisation of China’s currency and liberalisation of its cross-border trade presents multinational corporations with a major opportunity to not only add significant value to their global treasury operations but also to reduce transaction costs for the business, writes Stefan Harfich, head of bank relations APAC at Siemens’ regional treasury centre in Hong Kong…
May 2014 / 12 May 2014 / Jon Vollemaere, CEO and Founder of R5
Heston-wannabe Jon Vollemaere, CEO and Founder of R5, a new interbank liquidity pool for electronic trading in emerging market currencies, explains why the sector is set for lift-off…
Deutsche Bank AG today announced the appointment of Evan Goldstein as Global Head of Renminbi Services, effective March 2014
SWIFT’s RMB Tracker shows that Australia’s RMB payments value increased by 248% over the past 12 months
For the third consecutive month, the Renminbi (RMB) is one of the top ten most-used currencies for payments worldwide
Research on Chinese financial liberalization highlights stark differences between views of onshore and offshore institutional investors
Current views on China’s financial liberalization highlight wide variances between onshore and offshore investors, according to new research by the Economist Intelligence Unit (EIU) commissioned by State Street Corporation.
Bank of China Country Head and General Manager of the Sydney Branch, Mr Shanjun Hu, and ASX Managing Director and CEO, Elmer Funke Kupper, signed the agreement today in Sydney.
The Lenzing Group chooses Deutsche Bank for Renminbi cross-border cash pooling in China (Shanghai) Free Trade Zone
Deutsche Bank’s Global Transaction Banking division today announced that it has been selected by The Lenzing Group (Lenzing) as cash management bank in the China (Shanghai) Free Trade Zone.
Siemens has introduced the Chinese renminbi (CNY) as an additional “regular” currency with the same payment status within the company as other established crossborder trade-settlement currencies like U.S. dollar (USD) and Euro (EUR).
Deutsche Bank’s Global Transaction Banking division today announced the introduction of automated Renminbi cash sweeping services for cross-border lending to its corporate clients in China.
Western Union Business Solutions is urging British SMEs to settle their January 2014 Renminbi (RMB) invoices before the Chinese New Year holiday…
SWIFT RMB Tracker shows RMB has moved into top 10 payments currency for second month – now in 8th place…
LMAX Exchange has added ruble (RUB) and offshore renminbi (CNH) currency pairs to its existing list of over 70 traded instruments…