In October, media reports suggested mining giant BHP had accepted a deal to settle about a third of its spot iron ore sales to Chinese customers in China’s own currency, the renminbi (RMB), rather ...
Australia announced on Wednesday its intention to introduce China’s yuan into its mix of foreign currency reserves, becoming the third country after the U.S. and Japan to establish a direct currency ...
SYDNEY (Reuters) - Australia's central bank on Wednesday said it saw promise in establishing a wholesale digital currency that would make syndicated lending more efficient and less risky. The report ...
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