The RMB starts direct trading with Euro: another step towards RMB internationalization
Publicada el martes, 30 de septiembre de 2014 | Actualizada el martes, 30 de septiembre de 2014
The RMB starts direct trading with Euro: another step towards RMB internationalization
Resumen
The PBoC announced yesterday that the RMB will start direct trading with the Euro, marking another significant milestone of the RMB internationalization. . Under the direct trading mechanism, the RMB market makers can directly settle their RMB/ Euro transactions. The direct trading will therefore lower transaction costs of market makers and facilitate the settlements relating to bilateral trade and investment.
Geografías
- Etiquetas de Geografía
- China
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
Autores
Le Xia
BBVA Research - Economista Jefe
Jinyue Dong
BBVA Research - Economista Senior
Documentos y archivos
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