Survey: Rate of U.S. Firms Settling in RMB Nearly Doubles
- By Andrew Deichler
- Published: 7/9/2014
The number of American businesses using renminbi (RMB) to settle trade has nearly doubled in the past year, and that trend is expected to accelerate over the next 12 months, according to a new survey.Between April and May 2014, HSBC polled more than 1,300 international companies in 11 co ...
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