日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Nations embrace RMB as trading currency

By CECILY LIU | China Daiy UK | Updated: 2016-10-28 17:30

The use of China's currency, the renminbi, is increasing for the settlement of international trade deals, with the latest data showing 57 countries now use it to make more than 10 percent of their direct payments to China.

The trend has been hailed as showing a significant boost in confidence for the renminbi, especially because it follows closely on from the currency joining the International Monetary Fund's basket of Special Drawing Rights (SDR) currencies, which happened on Oct 1 and which paves the way for it to become an international reserve currency.

The data released on Thursday by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in Brussels, also showed that 101 countries use the renminbi for some of their payments with China globally, making an average of 12.9 percent of their overall transactions with China in renminbi, an increase of 2 percent since October 2014.

"Over the last two years, we have witnessed a continued increase in RMB usage for direct payments," said Astrid Thorsen, head of Business Intelligence Solutions at SWIFT.

Helena Huang, China economist at ICBC Standard Bank in London, said the data shows the scope and breadth of RMB's usage as a trade currency, having spread from China's core trade partners to smaller partners, particularly those in emerging markets.

"This could be an early signal that emerging markets are increasingly adopting RMB as a trade currency in preference to the dollar," said Huang.

Vina Cheung, HSBC's global head of RMB Internationalization, Global Liquidity and Cash Management, Asia-Pacific, said the SDR inclusion this month confirms the RMB's emergence as a global currency,"which will be another catalyst for its growing use in trade and investment with China."

In addition to its growing use as a trade currency, it is also being increasingly used as an investment currency - for foreign exchange trading, bond issuance and other financial market activities.

Huang said London enjoys a natural advantage as a leading of shore RMB hub, and, to maintain this advantage, it is important that the UK government helps London continue to offer world-class financial services, regardless of Brexit negotiations.

London's renminbi clearing bank, CCB London, recently marked the significant milestone of clearing 10 trillion yuan ($1.5 trillion) of transactions between June 2014- when it was appointed by PBOC to be London's official renminbi clearing bank- and August 2016.

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产欧美激情 | xxx日本少妇 | 国产一区二区三区免费视频 | 欧美午夜网站 | 青娱乐精品视频 | 国产精品爱啪在线线免费观看 | 尤物最新网址 | 亚洲日本香蕉视频 | av网站大全在线 | 国产成人精品免高潮在线观看 | 美女网站视频色 | 欧美一级片免费在线观看 | 亚洲图片一区 | 18女人毛片 | 五月天视频网 | 国产精品久久久久久久久果冻传媒 | 欧美网站在线观看 | 日本成人一区二区三区 | 久色视频在线 | 97操碰 | 在线观看v片 | 日韩簧片 | 久久久久麻豆v国产精华液好用吗 | 99视频导航 | 99视频在线观看免费 | 亚洲一级理论片 | 日本成人福利视频 | 无套暴操 | 久久精品一区二区国产 | 亚洲人天堂 | 视频二区三区 | 福利一区在线 | 97在线公开视频 | 看av网址| 亚洲天堂国产 | 欧美日韩一区二区不卡 | 欧美偷拍亚洲 | 免费黄色片在线观看 | 国产码视频| 激情高潮呻吟抽搐喷水 | 国产一区二区视频在线观看 |