Posts Tagged ‘pboc’

  • Forex Market Commentaries - New Chinese Currency Initiative

    A New Chinese Currency Initiative

    Apr 2, 12 • 8713 Views • Market Commentaries Comments Off on A New Chinese Currency Initiative

    In 2009, the People’s Bank of China used Shanghai to kick off a trial program to permit Chinese companies to settle cross-border trade in yuan—which has now expanded to include the rest of the country. Once again a new trial program will be launched...