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NTU, China central bank launch joint yuan research centre

Published Tue, Mar 29, 2016 · 09:50 PM
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Singapore

NANYANG Technological University and China's central bank, the People's Bank of China (PBOC), have jointly launched a research centre to study the demand and use of the yuan or renminbi (RMB) in international markets.

The Centre for RMB Internationalisation Studies (CRIS) was launched at the Ritz-Carlton in Beijing on Tuesday morning, NTU announced.

Ravi Kumar, dean of Nanyang Business School, said: "The renminbi is now the world's …

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