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Singapore's offshore market on the upswing

Yuan loans as at end-December are up 25% from March at 300b yuan
Friday, March 14, 2014 - 06:00

[SINGAPORE] Demand for offshore yuan in Singapore appears to continue unabated, amid optimism over greater trade flows between China and Asean and as financial markets in Asia - including forex derivatives - are expected to deepen. But the yuan is not an international trade currency yet, said

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