Bank of China’s offshore RMB quarterly index growth slows in Q3 2014

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Bank of China’s offshore RMB quarterly index growth slows in Q3 2014

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The Bank of China’s Offshore RMB Index (ORI) rose slightly to 1.19% in the third quarter of last year, according to a report by the bank. The index pointed to growth in offshore RMB deposits, RMB equity investment and RMB usage in FX trading as key factors behind the increase.

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