Treasury/Cash Management - All Articles

  • RMB usage rises in UAE and Qatar despite devaluation

    The RMB is now the most active currency used by the United Arab Emirates and Qatar for direct payments with China and Hong Kong, the latest data from the Swift shows. This is despite global expectation of a further weakening in the renminbi.

    • 28 Jan 2016
  • CIPS stage two needed sooner than later, say experts

    The October 2015 launch of the cross-border interbank payment system (CIPS) opened the door to creating a global RMB payment infrastructure. But, for now, the limited number of participants involved dampens the new infrastructure's potential impact.

    • 06 Jan 2016