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Tag: CIPS

Bank of China launches cross-border payment system in Türkiye

wangxiao10/24/20230

ISTANBUL, Oct. 24 (Xinhua) — Bank of China (Türkiye) on Monday launched a cross-border interbank payment system (CIPS) to better serve customers.
The bank said in a statement that it would provide mo

Yuan\’s rise in Russia shows currency trend

wangxiao04/12/20230

Emerging economies can diversify FX reserves, boost trade, investment
The renminbi\’s record high share in Russia\’s currency trading in March confirms an emerging trend that more commodity-exporting ec

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