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Bank of China marks bond listing on Nasdaq DubaiTian Jun, general manager, Bank of China Abu Dhabi Branch, yesterday (July 1) rang the market-opening bell to celebrate the listing of a two billion renminbi (CNY) ($322 million) bond on Nasdaq Dubai. The listing underlines the ex More… |
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Mena’s first RMB clearing centre launched in QatarThe first clearing centre in the region to offer RMB clearing and settlement and increase financial connectivity between China, Southwest Asia and the Mena region was inaugurated today (April 14) in Doha, Qatar. The centre, the fi More… |
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StanChart signs RMB deals with 5 banksStandard Chartered has signed Renminbi (RMB) cross border trade settlement account agreements with five Mena based banks. The move will allow these banks to open RMB accounts in China and facilitate trade activities between these banks and More… |
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China yuan 'could fall against dollar'China's yuan is not facing pressure to strengthen but could instead weaken to about 6.95 to 7 per dollar, a senior economic planning official was quoted on Tuesday as saying. The yuan, also known as the renminbi (RMB), has stalled agai More… |
