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Taiwan's Offshore Yuan Market

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Core Tip: Bank of China and three other mainland banks on Tuesday issued yuan bonds worth RMB6.7b in Taiwan, a move that could give a boost to Taiwan's offshore yuan

Taiwan's Offshore Yuan Market

Bank of China and three other mainland banks on Tuesday issued yuan bonds worth RMB6.7b in Taiwan, a move that could give a boost to Taiwan's offshore yuan market. So far the yuan deposits in Taiwan have reached more than RMB120b.

 

Written by Dora Men

 
 
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