Sunday, September 25, 2016

Yuan Influence Continues To Spread With Direct Exchanges To Middle East

China to launch yuan's direct trading with Saudi riyal, UAE dirham

BEIJING - China announced on Friday it will launch direct trading of its currency yuan with the riyal of Saudi Arabia and the dirham of the United Arab Emirates, on its inter-bank foreign exchange market Monday. The move will bring the number of foreign currencies that are allowed…

No comments:

Post a Comment