19.12.2013 - China's Bohai exchange to launch rubber, iron ore trading in yuan
China's Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore. It announced the plans in Hong Kong Tuesday during a roadshow to promote the new trading system, an exchange official said in an interview Wednesday. In April, the exchange became China's first non-financial organization to get approval from the central government to offer yuan-based cross-border trading...............................................Full Article: Source
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