RMB round-up: January 8, 2016
In the first RMB round-up of 2016, Hong Kong RMB deposits and cross-border trade settlement recovered in November, RQFII programme added three new entities in December 2015, the Hong Kong and Singapore exchanges both saw strong futures trading volumes in December, ICBC managed nearly Rmb1tr in RMB-won trades, and Zimbabwe will make RMB one of its legal tenders this year. Plus, a recap of GlobalRMB’s top stories this week.
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