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Friday, Dec 09, 2022
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Bank of China: Beijing to steadily expand cross-border use of yuan in 2021

Bank of China: Beijing to steadily expand cross-border use of yuan in 2021

China is planning to “steadily and prudently” promote internationalization of its currency, the yuan, the country’s central bank said, pledging to strengthen the monitoring of cross-border capital flows and prevent systemic risks.
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