The relevant person in charge of the People's Bank of China said that the Brazilian currency clearing arrangement, will be conducive to China and Brazil companies and financial institutions use the renminbi cross-border transactions, to further promote the bilateral trade and investment facilitation.
Beijing February 7, 8 the People's Bank of China announced that the People's Bank of China and Brazil's central bank recently signed a cooperation memorandum arranged by establishing the RMB clearing in Brazil.
The relevant person in charge of the People's Bank of China said that the Brazilian currency clearing arrangement, will be conducive to China and Brazil companies and financial institutions use the renminbi cross-border transactions, to further promote the bilateral trade and investment facilitation.
The relevant person in charge of the People's Bank of China said that the Brazilian currency clearing arrangement, will be conducive to China and Brazil companies and financial institutions use the renminbi cross-border transactions, to further promote the bilateral trade and investment facilitation.
