Friday, August 26, 2016

Increased Usage of China's Renminbi in South Africa

Swift.com published on 24 August 2016 an article titled "RMB Continues to Penetrate the South African Market." Renminbi (RMB) usage in payments in South Africa increased by 65 percent over the last 12 months, strengthening the country's trade relations with China and Hong Kong.

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