RMB round-up: August 22, 2014
In this round-up, the People’s Bank of China renewed a currency swap agreement for Rmb15bn ($2.4bn) with the Bank of Mongolia, Macau RMB deposits reached Rmb128.9bn in June while monthly cross border RMB trade fell 21%, Taiwan RMB monthly deposits inch up 0.1% and Singapore confirmed it will join the Asian Infrastructure Investment Bank as one of the founding members.
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