RMB round-up – February 27

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RMB round-up – February 27

Hong Kong Ship - resized

In this week’s round-up of offshore renminbi news, the renminbi has become the seventh most used currency for payments worldwide, RMB deposits and outstanding RMB certificates of deposit in Hong Kong reached more than Rmb1tr by the end of 2013, and the DBS RMB Index for VVinning Enterprises (DRIVE) rebounded in Q4.

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