April BoC RMB index shows more cross border RMB usage under capital account

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April BoC RMB index shows more cross border RMB usage under capital account

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Bank of China’s (BoC) proprietary cross-border RMB index (CRI) for April 2015 saw an increase in RMB usage, with capital account account RMB outflows rising steadily on the back of recent liberalisations.

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