Share

China issues first offshore RMB note in London

China’s central bank issued its first offshore RMB note in London on Wednesday, coinciding with President Xi Jinping’s visit to the UK. It’s the first time that a renminbi note has been issued outside China. The one-year note is worth 5 billion yuan, or 786 million US dollars, with an interest rate of 3.1 percent. The central bank said it will help establish an offshore renminbi market and facilitate cross-border trade and investment.

Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing

Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8

Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv

Follow us on:
Facebook: https://www.facebook.com/cctvnewschina
Twitter: https://twitter.com/CCTVNEWS
Google+: https://plus.google.com/+CCTVNEWSbeijing
Tumblr: http://cctvnews.tumblr.com/
Weibo: http://weibo.com/cctvnewsbeijing

Leave a Comment