Member Spotlight
Rising Use of Local Currencies in Cross-Border Payments
Policy Center for the New South
|
Wed, Sep 6, 2023
Body
"China has been able to use its currency to settle half of its foreign trade and investment transactions."
A recent piece by Policy Center for the New South cited BWC member Hung Tran's Atlantic Council analysis on the RMB share of China's total cross-border settlements.
To continue reading at
Policy Center for the New South
, click here.
Rising Use of Local Currencies in Cross-Border Payments
Policy Center for the New South | Wed, Sep 6, 2023
Body
"China has been able to use its currency to settle half of its foreign trade and investment transactions."
A recent piece by Policy Center for the New South cited BWC member Hung Tran's Atlantic Council analysis on the RMB share of China's total cross-border settlements.
To continue reading at
Policy Center for the New South
, click here.