| From Dow Jones: China will continue to allow more currencies to trade in the domestic interbank foreign-exchange market, following the trading debut of the Russian ruble in China, the China Foreign Exchange Trade System said Monday.
CFETS, the central bank division that oversees the foreign-exchange market, said yuan/ruble trading will help reduce foreign-exchange risks and costs for Russia and China, foster bilateral trade and facilitate the use of the yuan to settle cross-border trade..............................................Full Article: Source
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