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Zeti outlines growing potential to raise funds in Chinese currency

Posted on 28 September 2012

There is more renminbi (yuan) financing in the pipeline after the two issuances of offshore yuan sukuk out of Malaysia and a yuan bond issuance by Malaysian corporations, according to Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.
The reason, she said, for this was that there was greater potential to raise funds in the currency (yuan), especially investments in China and bilateral cross-border activities between Malaysia and China………………………………………..Full Article: Source

 
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