MOU means fewer restrictions on Chinese yuan at local banks
Banks in Taiwan will soon offer direct exchange of New Taiwan dollars to Chinese yuan. Yuan-denominated financial products will also be available for purchase, now that the central banks of Taiwan and China have signed a memorandum of understanding on currency settlement. Central Bank Governor Perng Fai-nan has had a good run of late. Recently he received another "A" for his performance from Gl ...
Uploaded:2012/09/02 18:10:16
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