Canada’s Minister of Finance set to launch the ‘Canadian Renminbi Clearing Centre & Trading Hub’ LeapRate

Canada's Minister of Finance set to launch the 'Canadian Renminbi Clearing Centre & Trading Hub'

Over the past decade, China has become Canada’s second largest and fastest growing trading partner, with exports quadrupling from $5 billion to $20 billion and imports nearly tripling from $18.6 billion to $52 billion. Canada claims the first RMB hub in the Americas and is set to boost these trends...

July 07, 2014 BY Mike Fox

Frankfurt’s establishment as offshore clearing hub for RMB a huge boost to European corporations says Commerzbank

Frankfurt’s establishment as one of the Eurozone’s first offshore clearing hub for RMB trade settlement along with the city of London will be a huge boost to European corporations trading with China, especially those that are mid-sized, a senior Commerzbank official says. Frank-Oliver Wolf, Global Head of Cash Management and International Business at Commerzbank, comments: “The…

Tag: RMB Trade Settlement

Canada's Minister of Finance set to launch the 'Canadian Renminbi Clearing Centre & Trading Hub'

Frankfurt’s establishment as offshore clearing hub for RMB a huge boost to European corporations says Commerzbank

Biogen Reaps Profits On The Back Of Cost Cuts

Ford Beats Q1 Estimates

Yen Backslides Against The US Dollar

Indian Regulator Looks at Adani Stock Manipulation

EUR/USD Weaker On The Back Of Preliminary Eurozone PMI Data