PBoC in fresh push for renminbi internationalisation

pboc 230px.
By Noah Sin
30 Mar 2017

Renminbi internationalisation is back on the table after People’s Bank of China (PBoC) signalled actions to increase the currency’s offshore usage in 2017. But the process will be slow, experts warn, given the upcoming 19th Party Congress and demand to limit capital outflows.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial