September 7, 2018 / 11:34 AM / 2 months ago

China c.bank expands scope of cross-border yuan transactions

BEIJING, Sept 7 (Reuters) - China’s central bank said on Friday it had expanded the scope of cross-border yuan transactions to all current account items.

The scope of cross-border yuan purchases and sales will be expanded to all approved overseas securities investments, the central bank said in a statement explaining key changes to rules issued in June. (Reporting by China Monitoring Desk; Editing by Clarence Fernandez)

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