Bundesbank betting on Brexit, China exchange for RMB growth

CEVAHIR Halil-Ibrahim/cevahir87 - Fotolia

The RMB hub in Frankfurt could benefit from London’s loss of Euro-clearing privileges, but for now the focus remains on developing existing platforms including the ground-breaking Sino-German joint venture exchange, Jochen Metzger, director general for payments and settlement systems, Bundesbank, told GlobalRMB.