RMB’s Rise in the Middle East: Clearance Banks Fuel Growth
The Chinese mainland’s 15th Five-Year Plan highlights RMB internationalization. Gulf banks like AgBank and First Abu Dhabi Bank are boosting RMB clearing to meet rising trade targets.
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Hong Kong SAR Holds 4th Spot in Global Forex Rankings
A new BIS survey shows Hong Kong SAR is the world’s fourth-largest forex center and top offshore Renminbi hub, with turnover surging in 2025.
PBOC’s Game Plan: Balancing Prices and Renminbi Rates 🎯
China’s central bank is adjusting its monetary policies to promote price recovery and stabilize the renminbi, says PBOC Governor Pan Gongsheng. Discover what this means for global markets!