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Sunday, September 27th, 2020

Lion City poised for growth in renminbi offshore settlement (China Daily)

by November 7, 2015 Industry

People check exchange rates at a moneychanger displaying a poster of the US dollar, the Chinese yuan and the Malaysian ringgit in Singapore on Aug 24. Reuters Singapore is now the second largest offshore renminbi center after Hong Kong, and still has huge potential for growth in the cross-border renminbi business, according to Stephen Kiang Wah…