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Chinese yuan settle oil transactions

HSBC-sees-top-Abu-Dhabi-names-tap-bond-market-in-H2

Gulf to use more Chinese Yuan – HSBC

One step was taken in January last year when the central banks of China and the United Arab Emirates signed an agreement allowing them to swap 35 billion yuan.

April 9, 2013 10:31
 

Iran, China explore using yuan to settle trade -sources

Proposed yuan account allows payments to be offset.

July 23, 2010 11:51