Russia to use Chinese yuan to replenish forex reserves
Russia will only buy yuan to replenish the National Wealth Fund instead of other currencies, said Finance Minister Anton Siluanov on Tuesday.
FOREX
Shanghai starts pilot projects to allow firms to combine yuan, foreign currencies accounts
The Shanghai branch of the People’s Bank of China (PBOC) has launched a pilot program in the city’s Pilot Free Trade Zone to allow companies to combine yuan and foreign currencies accounts into one.
