News

China is promoting the yuan for settling trade deals with the Kingdom

27 September 2012
Economics Today
Economy and commerce / Trade
Bank of China / business transactions / Cambodian Riel / Chinese aid / Chinese currency / Chinese yuan / commercial development / Currency / currency exchange / exchange rates / international trade / international trade deals / National Bank of Cambodia / NBC / reserve currency

Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...

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News

China is promoting the yuan for settling trade deals with the Kingdom

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