Don’t miss the latest developments in business and finance.

China's central bank says will further push forward yuan internationalisation

Image
Reuters BEIJING
Last Updated : May 08 2018 | 9:45 AM IST

BEIJING (Reuters) - China's central bank said on Tuesday that it will further push forward yuan internationalisation this year and expand the cross-border use of the Chinese currency.

China will also steadily push for yuan capital account convertibility, the People's Bank of China said in a statement on its website.

(Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)

Also Read

First Published: May 08 2018 | 9:38 AM IST

Next Story