Renminbi

Every story tagged Renminbi on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Finance

Aug 12, 20262 min read

Deutsche Bank Pioneers as First European Institution to Secure Renminbi Clearing License

The city of Frankfurt has just received a significant boost as a financial hub. Deutsche Bank, a prominent financial institution based in Frankfurt, has successfully become the first European bank appointed to serve as a renminbi clearing bank by the People’s…

E-Tailing

Feb 4, 20151 min read

Renminbi breaks into top 5 world payments currency, says SWIFT

The Chinese yuan (renminbi) overtook the Canadian and Australian dollar as a global payments currency in November 2014, and now takes position behind the Japanese Yen, British pound, Euro and US dollar, data from SWIFT shows. Brussels, 28 January 2015 – After…

Stories tagged Renminbi

Deutsche Bank Pioneers as First European Institution to Secure Renminbi Clearing License

Renminbi breaks into top 5 world payments currency, says SWIFT