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Singapore, London can jointly boost awareness of yuan market developments

S'pore-London RMB Forum participants expect robust growth in offshore yuan market in 2015

The yuan is the world's seventh most-used currency in goods and services payments, data from international financial communications platform Swift showed.


SINGAPORE and London could work more closely in building awareness of developments in the offshore yuan market, said the Association of Banks in Singapore and City of London Corporation on Tuesday, following the first private-sector renminbi (RMB) forum between Singapore and UK