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Why the RMB is Having Trouble Catching On with Corporates

  • By Alfred Nader
  • Published: 2/27/2014

Many corporates are eschewing using the Chinese renminbi (RMB) due to the complications and rules surrounding it. Now a top 10 payments currency, SWIFT reported this week that the RMB has overtaken the Swiss franc in the no. 7 spot. However, a lack of awareness among Chinese importers an ...

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