PBoC encourages Yuan use in global trade amid rising tensions
Source: SeekingAlpha
2025-04-22 02:04:41 ET
The People's Bank of China (PBoC) is pushing state-owned enterprises to use the currency for international payments, strategically aiming to increase the global use of the yuan against a backdrop of trade tensions and expand cross-border credit....
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PBoC encourages Yuan use in global trade amid rising tensions
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