the Central Bank of Russia has announced a new agreement with The Chinese Securities Regulatory Commission in a bid to internationalise China's currency. The new pact will allow for regulatory and supervisory cooperation between the countries while enabling the settlement and clearing of renminbi payments in Moscow.
The Chinese Securities Regulatory Commission has announced a new agreement with the Central Bank of Russia in a bid to internationalise China's currency. The new pact will allow for regulatory and supervisory cooperation between the countries while enabling the settlement and clearing of renminbi payments in Moscow.