BEIJING, Jan. 12 (Xinhua) — RMB cross-border settlement under the current account reached 14.03 trillion yuan (1.98 trillion U.S. dollars) in 2023, central bank data showed Friday.
It involved 10.69
Tag: RMB
BOC Phnom Penh Branch authorized as RMB clearing bank
BEIJING, Dec. 11 (Xinhua) — China\’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia.
Bank of China launches cross-border payment system in Türkiye
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
China\’s forex reserves rise in July
File photo shows a teller picks a dollar bill among banknotes of U.S. dollar and Renminbi (RMB) at a bank in Linyi, east China\’s Shandong Province. (Xinhua/Zhang Chunlei)
BEIJING, Aug. 7 (Xinhua) — C
Priorities for economic work in H2 laid out in top CPC meeting
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Monday presided over a top meeting to address the current economic situation and make arrangements for economi
CPC leadership maps out priorities for China\’s economic development in H2
BEIJING, July 24 (Xinhua) — The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting to analyze the current economic situation and make arrangements for e
China\’s Shenzhen sets up over 35 mln e-CNY wallets
SHENZHEN, July 18 (Xinhua) — The southern Chinese metropolis of Shenzhen, the country\’s first pilot city for its digital fiat currency, had opened 35.94 million e-CNY wallets by the end of June, 7.6
PBOC official vows to fend off RMB\’s sharp ups, downs
BEIJING, July 14 (Xinhua) — China\’s cental bank will move to correct pro-cyclical and one-sided market behaviors when necessary to prevent sharp ups and downs of the Chinese currency renminbi (RMB),
Feature: Chinese books draw Thai fans at Bangkok Int\’l Book Fair
BANGKOK, April 9 (Xinhua) — Holding several books, including one on China\’s high-quality development, 51 year-old Wisan Chedi was searching for more books at a Chinese book exhibition booth at the Ba
China\’s small-commodity hub transacts over 1 bln digital RMB
Consumers purchase goods for the Chinese New Year at a fruit market in Yiwu, east China\’s Zhejiang Province, Jan. 17, 2023. (Photo by Gong Xianming/Xinhua)
HANGZHOU, April 3 (Xinhua) — Over 90 percen